Prudential (GB:PRU) has released an update.
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Prudential plc has announced the purchase of over 2.26 million of its own shares on the London Stock Exchange, facilitated by Goldman Sachs International. This strategic move, authorized at the company’s 2024 Annual General Meeting, aims to cancel the acquired shares, thereby potentially increasing shareholder value. Following this transaction, Prudential will have approximately 2.67 billion shares in issue, affecting voting rights calculations for shareholders.
For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.
