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Prudential Announces Share Repurchase and Cancellation

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Prudential Announces Share Repurchase and Cancellation

Prudential ( (GB:PRU) ) has provided an update.

Prudential plc has repurchased 260,000 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares, reducing the total number of shares in issue to 2,625,387,013. This transaction, conducted through Barclays Securities Limited, aligns with the authority granted at the 2024 Annual General Meeting and affects the company’s voting rights, which shareholders can use to assess their interests under FCA rules.

More about Prudential

Prudential plc 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 the Hong Kong, London, Singapore, and New York Stock Exchanges and is part of the Hang Seng Composite Index.

YTD Price Performance: 25.31%

Average Trading Volume: 8,119,605

Technical Sentiment Signal: Hold

Current Market Cap: £20.84B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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