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Prudential Cancels 331,000 Shares After Latest Buyback Tranche

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Prudential Cancels 331,000 Shares After Latest Buyback Tranche

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An update from Prudential ( (GB:PRU) ) is now available.

Prudential plc has repurchased 331,277 of its ordinary shares on 8 January 2026 through JP Morgan Securities at an average price of £11.6085 per share, with the transaction executed on the London Stock Exchange under both UK Listing Rules and the Hong Kong Code on Share Buy-Backs. The company plans to cancel the repurchased shares, reducing its share count to 2,547,238,783 and thereby modestly increasing the ownership percentage of remaining shareholders, a move that signals ongoing capital management efforts and may support earnings per share and shareholder value over time.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £13.20 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, accessible financial and health solutions. The group has dual primary listings 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 schemes, underscoring its regional and international capital markets presence.

Average Trading Volume: 5,250,778

Technical Sentiment Signal: Buy

Current Market Cap: £30.25B

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

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