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Prudential ( (GB:PRU) ) has issued an announcement.
Prudential plc has repurchased more than 1.2 million of its own ordinary shares on the London Stock Exchange over five consecutive trading days in May 2026, under a previously announced buy-back arrangement with JP Morgan Securities. The company intends to cancel these repurchased shares, while simultaneously issuing new shares through a scrip dividend alternative and employee share plans, resulting in a total of 2,523,184,026 shares in issue and an updated base for shareholder voting rights calculations.
The transactions form part of Prudential’s ongoing share buy-back programme, under which it has acquired over 30 million shares since its launch in January 2026 at a volume-weighted average price above £11 per share. By shrinking the share count while regularly updating the market on voting rights and regulatory compliance across London and Hong Kong, Prudential signals continued capital-return discipline, which may enhance earnings per share and support long-term value for investors.
More about Prudential
Prudential plc is an England and Wales–incorporated financial services group listed in London, Hong Kong and Singapore, focusing on insurance, savings and investment products across international markets. The company operates through a broad shareholder base and maintains listings on multiple exchanges, reflecting its role as a major player in global life insurance and asset accumulation sectors.
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