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Prudential Announces Share Buyback and Cancellation

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Prudential Announces Share Buyback and Cancellation

Elevate Your Investing Strategy:

Prudential ( (GB:PRU) ) has shared an update.

Prudential plc has repurchased 317,630 of its ordinary shares from Merrill Lynch International, following shareholder approval at its 2025 Annual General Meeting. The repurchased shares will be cancelled, reducing the total number of shares in issue to 2,581,844,800. This transaction is expected to impact the company’s share capital structure and potentially influence shareholder interests under regulatory guidelines.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £11.61 price target. To see the full list of analyst forecasts on Prudential stock, see the GB:PRU Stock Forecast page.

Spark’s Take on GB:PRU Stock

According to Spark, TipRanks’ AI Analyst, GB:PRU is a Outperform.

Prudential’s stock benefits from strong financial performance, particularly in profitability and cash flow, alongside positive technical trends. Strategic corporate actions and fair valuation further bolster its investment case. However, revenue volatility and regulatory challenges are notable risks.

To see Spark’s full report on GB:PRU stock, click here.

More about Prudential

Prudential plc is a prominent provider of life and health insurance and asset management services, operating in 24 markets across Asia and Africa. The company aims to be a trusted partner by offering accessible financial and health solutions. Prudential is listed on several major stock exchanges, including Hong Kong, London, Singapore, and New York, and is part of the Hang Seng Composite Index.

Average Trading Volume: 5,645,428

Technical Sentiment Signal: Hold

Current Market Cap: £23.59B

See more insights into PRU stock on TipRanks’ Stock Analysis page.

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