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Prudential ( (GB:PRU) ) has issued an announcement.
Prudential plc has repurchased 250,000 of its own ordinary shares of 5 pence each on 8 April 2026 from JP Morgan Securities plc under a previously announced buyback arrangement authorized at its 2025 AGM. The shares were bought on the London Stock Exchange at prices between £11.1350 and £11.3950, with an average price of £11.2971, and will be cancelled, reducing the number of shares and voting rights in issue to 2,525,589,507.
The repurchase, executed as an on-exchange transaction in London and treated as an on-market buy-back under Hong Kong rules, forms part of Prudential’s ongoing capital management strategy. By shrinking its share count, the company may enhance earnings per share and signal confidence in its financial position, while providing shareholders with an updated reference for disclosure thresholds under UK transparency regulations.
More about Prudential
Prudential plc is a UK-incorporated international financial services group focused on life insurance and asset management, with listings on multiple exchanges including London, Hong Kong and Singapore. The company provides protection and investment products across key Asian and emerging markets, positioning itself as a major player in long-term savings and retirement solutions.
Learn more about PRU stock on TipRanks’ Stock Analysis page.