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Prudential Cancels 322,055 Shares After Latest Buyback Transaction

Story Highlights
  • Prudential repurchased 322,055 ordinary shares on 22 January 2026 at an average price of £11.7877, as part of its ongoing buyback programme.
  • The company will cancel the repurchased shares, reducing shares in issue to about 2.54 billion and potentially improving capital efficiency and earnings per share metrics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prudential Cancels 322,055 Shares After Latest Buyback Transaction

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

Prudential plc has repurchased 322,055 of its ordinary shares on 22 January 2026 from JP Morgan Securities plc as part of its previously announced buyback programme, paying an average price of £11.7877 per share, with prices ranging between £11.7050 and £11.8800. The company intends to cancel the repurchased shares, reducing the number of shares in issue and voting rights to 2,543,987,857, a move that may enhance capital efficiency and earnings per share while giving shareholders an updated denominator for disclosure obligations under UK transparency rules; the transaction was executed on the London Stock Exchange and treated as an on-market purchase under Hong Kong’s share buy-back regulations.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1377.00 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, offering simple and accessible financial and health solutions. The company is dual-listed in Hong Kong and London, with additional listings in Singapore and New York via ADRs, and is included in major Hong Kong indices and Stock Connect programmes, while remaining unaffiliated with U.S.-based Prudential Financial and M&G’s Prudential Assurance Company Limited.

Average Trading Volume: 5,232,316

Technical Sentiment Signal: Buy

Current Market Cap: £29.51B

See more data about PRU stock on TipRanks’ Stock Analysis page.

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