tiprankstipranks
Prudential Announces Share Buyback on London Exchange
Company Announcements

Prudential Announces Share Buyback on London Exchange

Prudential (GB:PRU) has released an update.

Don't Miss our Black Friday Offers:

Prudential plc has announced the purchase of 500,000 of its own shares through Goldman Sachs International on the London Stock Exchange, as per the authority granted by shareholders at the 2024 Annual General Meeting. The purchase, aimed at share cancellation, was conducted at an average price of GBP 6.7417 per share, reducing the total voting shares to 2,682,686,647. This move is part of Prudential’s strategy to manage its equity structure and possibly enhance shareholder value.

For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskPrudential’s Strategic Share Buyback on London Stock Exchange
TipRanks HongKong Auto-Generated NewsdeskPrudential Launches Share Buyback to Enhance Value
TipRanks UK Auto-Generated NewsdeskPrudential Launches Share Repurchase to Boost Shareholder Value
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App