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Prudential Announces Share Repurchase to Optimize Capital Structure

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Prudential Announces Share Repurchase to Optimize Capital Structure

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An announcement from Prudential ( (GB:PRU) ) is now available.

Prudential plc has announced the repurchase of 257,088 of its ordinary shares from Merrill Lynch International, as part of an arrangement authorized by shareholders at the 2025 Annual General Meeting. The shares were bought at an average price of £10.9060 and will be canceled, reducing the total number of shares and voting rights in the company. This transaction is part of Prudential’s ongoing efforts to manage its capital structure and enhance shareholder value, aligning with regulatory requirements across the London and Hong Kong stock exchanges.

More about Prudential

Prudential plc is a multinational insurance company incorporated and registered in England and Wales. It operates primarily in the financial services industry, offering a range of insurance and investment products. The company is listed on multiple stock exchanges, including the London Stock Exchange, and focuses on providing financial solutions to customers across various markets.

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

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