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Prudential Cancels 307,940 Shares After Latest Buyback Transaction

Story Highlights
  • Prudential repurchased 307,940 shares on 15 January 2026 at an average price of £11.8943 under its approved buyback programme.
  • The company will cancel these shares, reducing total shares to about 2.55 billion and modestly improving capital efficiency for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prudential Cancels 307,940 Shares After Latest Buyback Transaction

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

Prudential plc has repurchased 307,940 of its ordinary shares at a volume-weighted average price of £11.8943 per share from JP Morgan Securities on 15 January 2026, under the shareholder authority granted at its 2025 AGM and the buyback arrangement announced earlier this month. The insurer intends to cancel the repurchased shares, reducing its share count to 2,545,637,517 and aligning the transaction with both London Stock Exchange listing rules and the Hong Kong Code on Share Buy-Backs, a move that marginally enhances earnings per share and underscores ongoing capital management efforts relevant to investors across its multiple listing venues.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1304.00 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 insurance and asset management group focused on Greater China, ASEAN, India and Africa, providing simple and accessible financial and health solutions. The company has dual primary listings in Hong Kong and London, a secondary listing in Singapore and ADRs on the New York Stock Exchange, and is included in major Hong Kong and mainland China market indices and trading programmes. It is not affiliated with U.S.-based Prudential Financial, Inc. or The Prudential Assurance Company Limited of M&G plc.

Average Trading Volume: 5,295,014

Technical Sentiment Signal: Buy

Current Market Cap: £29.84B

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

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