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Prudential Cancels 331,793 Shares After Latest Buyback Transaction

Story Highlights
  • Prudential repurchased 331,793 shares on 16 January 2026 at an average price of £11.81.
  • The repurchased shares will be cancelled, leaving 2.55 billion shares in issue and potentially boosting EPS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prudential Cancels 331,793 Shares After Latest Buyback Transaction

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

Prudential plc has repurchased 331,793 of its ordinary shares on 16 January 2026 from JP Morgan Securities plc as part of its ongoing share buyback programme authorised at the 2025 AGM, paying an average price of £11.8102 per share within a trading range of £11.7250 to £11.8550. The company intends to cancel the repurchased shares, reducing the number of shares in issue and setting the total voting rights at 2,545,305,724, a move that may modestly enhance earnings per share and capital efficiency while providing shareholders with a new reference point for disclosure thresholds under UK transparency rules; the buyback was executed on-exchange in London and treated as an on-market purchase under Hong Kong share buy-back regulations.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1389.00 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 maintains dual primary listings in Hong Kong and London, with additional listings in Singapore and New York, and is included in major Hong Kong and Stock Connect indices, underscoring its role as a key regional and international financial services player.

Average Trading Volume: 5,222,792

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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