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Prudential Cancels 307,715 Shares After Latest Buyback Transaction

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Prudential Cancels 307,715 Shares After Latest Buyback Transaction

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

Prudential plc has repurchased 307,715 of its ordinary shares on 19 January 2026 through JP Morgan Securities plc at an average price of £11.8677 per share, with prices ranging between £11.66 and £11.93. The company intends to cancel the shares, reducing its shares in issue and total voting rights to 2,544,998,009, a move that typically signals capital discipline and can enhance earnings per share, while providing an updated denominator for investors monitoring their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1404.00 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 is driven by strong earnings performance and strategic corporate actions, including share buybacks and executive share acquisitions. While financial performance shows strengths in profitability and cash flow, revenue volatility and equity declines pose risks. The stock’s technical indicators and valuation suggest potential for growth, supported by strategic investments and market expansions.

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

More about Prudential

Prudential plc is a life and health insurer and asset manager focused on Greater China, ASEAN, India and Africa, providing simple and accessible financial and health solutions across these high-growth markets. The group is dual-listed in Hong Kong and London, with additional listings in Singapore and New York via ADRs, and is included in key regional indices and trading programmes, underscoring its role as a major regional and international financial services player.

Average Trading Volume: 5,184,077

Technical Sentiment Signal: Buy

Current Market Cap: £29.89B

For an in-depth examination of PRU stock, go to TipRanks’ Overview page.

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