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Prudential ( (GB:PRU) ) has shared an announcement.
Prudential plc has announced the repurchase of 316,341 of its ordinary shares from Merrill Lynch International, as part of an arrangement approved at its 2025 Annual General Meeting. The shares were bought at an average price of £9.6494 and will be canceled, reducing the total number of shares in issue to 2,576,467,731. This transaction is expected to impact the company’s share capital structure and could influence 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 company that provides 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. It 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: 5,428,288
Technical Sentiment Signal: Buy
Current Market Cap: £24.56B
Learn more about PRU stock on TipRanks’ Stock Analysis page.