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Prudential ( (GB:PRU) ) has issued an announcement.
Prudential plc announced the repurchase of 268,395 of its ordinary shares from Merrill Lynch International, as part of a buyback program authorized by shareholders at the 2025 Annual General Meeting. The shares were acquired at an average price of £10.8645 and will be canceled, reducing the total number of shares in issue to 2,553,877,299. This transaction is expected to impact the company’s share capital structure and could influence shareholder value by increasing earnings per share.
More about Prudential
Prudential plc is a financial services company incorporated in England and Wales, primarily engaged in providing insurance and financial solutions. The company operates across various markets, focusing on life insurance, asset management, and retirement services.
For an in-depth examination of PRU stock, go to TipRanks’ Overview page.