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Prudential Announces Share Repurchase and Cancellation

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Prudential Announces Share Repurchase and Cancellation

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Prudential ( (GB:PRU) ) just unveiled an announcement.

Prudential plc has repurchased 285,813 of its ordinary shares from Merrill Lynch International, with plans to cancel these shares. This transaction, conducted under the authority granted at the 2025 Annual General Meeting, will adjust the total number of shares and voting rights, potentially impacting shareholder notifications under the FCA’s rules.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £12.20 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 overall stock score reflects strong financial performance and positive technical indicators. The company’s strategic investments and capital management plans are promising, despite challenges in certain markets and regulatory environments. The valuation remains attractive, supporting a favorable outlook.

To see Spark’s full report on GB:PRU stock, click here.

More about Prudential

Prudential plc provides life and health insurance and asset management services across Greater China, ASEAN, India, and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential is listed on multiple stock exchanges including the Hong Kong Stock Exchange, London Stock Exchange, Singapore Stock Exchange, and the New York Stock Exchange.

Average Trading Volume: 5,345,227

Technical Sentiment Signal: Buy

Current Market Cap: £26.04B

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

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