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Prudential Announces Share Buyback and Cancellation

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An announcement from Prudential ( (GB:PRU) ) is now available.

Prudential plc announced the purchase of 2,500,000 of its ordinary shares on the London Stock Exchange through Barclays Capital Securities Limited. The transaction was conducted under the authority granted by shareholders at the 2024 Annual General Meeting, with the intention to cancel the purchased shares. This move will adjust the total number of voting rights to 2,610,297,013, impacting shareholders’ interest notifications under the FCA’s rules.

More about Prudential

Prudential plc is a financial services company incorporated in England and Wales. It primarily operates in the insurance and investment sectors, offering a range of financial products and services. The company is listed on multiple stock exchanges, including the London Stock Exchange and the Stock Exchange of Hong Kong, and focuses on providing financial solutions to a diverse market.

YTD Price Performance: 11.98%

Average Trading Volume: 9,327,137

Technical Sentiment Signal: Buy

Current Market Cap: £18.25B

For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.

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