Prudential Announces Share Buyback of 700,000 Shares

The latest update is out from Prudential ( (GB:PRU) ).

Prudential plc announced the purchase of 700,000 of its ordinary shares through Barclays Capital Securities Limited on the London Stock Exchange, as part of a buyback program authorized at the 2025 AGM. The shares were bought at an average price of GBP 8.9809 and will be canceled, reducing the total number of shares in issue to 2,590,310,355. This transaction is expected to optimize the company’s capital structure and could have implications for shareholder voting rights.

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 leading provider of life and health insurance and asset management services across 24 markets in Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential has dual primary listings on the Hong Kong and London Stock Exchanges, and secondary listings in Singapore and New York. It is a constituent of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programmes.

Average Trading Volume: 7,371,497

Technical Sentiment Signal: Hold

Current Market Cap: £23.3B

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