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Prudential Executes Share Buyback, Cancels 780,407 Shares

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Prudential Executes Share Buyback, Cancels 780,407 Shares

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

Prudential plc has repurchased a total of 780,407 ordinary shares from Merrill Lynch International as part of a buyback program authorized by shareholders at the 2025 Annual General Meeting. The repurchased shares, acquired at an average price of approximately £11.0366 per share, will be canceled, reducing the total number of shares in issue to 2,551,726,413. This transaction, conducted under the London Stock Exchange’s Listing Rules and the Hong Kong Code on Share Buy-Backs, is expected to impact the company’s share capital structure and may influence shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1326.48 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 company that provides life and health insurance and asset management services in regions including Greater China, ASEAN, India, and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential is listed on the Stock Exchange of Hong Kong, the London Stock Exchange, the Singapore Stock Exchange, and the New York Stock Exchange. It is a part of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs.

Average Trading Volume: 5,588,690

Technical Sentiment Signal: Buy

Current Market Cap: £27.22B

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

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