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Prudential Announces Share Buyback of 260,000 Shares

Story Highlights
  • Prudential plc operates in the financial services industry, offering insurance and financial solutions.
  • Prudential has repurchased 260,000 shares to cancel, affecting share capital and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prudential Announces Share Buyback of 260,000 Shares

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

Prudential plc has announced the purchase of 260,000 of its own ordinary shares on the London Stock Exchange, with the intention to cancel them. This transaction, conducted through Barclays Securities Limited, is part of a share buyback program authorized by shareholders at the 2024 Annual General Meeting, potentially impacting the company’s share capital and voting rights.

More about Prudential

Prudential plc is a company incorporated and registered in England and Wales, primarily operating in the financial services industry. It is listed on multiple stock exchanges, including the London Stock Exchange, and focuses on providing insurance and financial solutions.

YTD Price Performance: 32.51%

Average Trading Volume: 8,948,922

Technical Sentiment Signal: Hold

Current Market Cap: £21.69B

For an in-depth examination of PRU stock, go to TipRanks’ Stock Analysis page.

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