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Prudential Executes Share Buyback, Plans Share Cancellation
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Prudential Executes Share Buyback, Plans Share Cancellation

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Prudential ( (GB:PRU) ) just unveiled an announcement.

Prudential plc announced the repurchase of 600,000 of its ordinary shares on the London Stock Exchange as part of a buyback program authorized by shareholders. The company intends to cancel these shares, reducing its total number of shares in issue to 2,649,479,138, which will also adjust the number of voting rights available to shareholders.

More about Prudential

Prudential plc provides life and health insurance and asset management services in 24 markets across Asia and Africa. It aims to be a trusted partner by offering simple and accessible financial and health solutions, with listings on multiple international stock exchanges including Hong Kong, London, Singapore, and New York.

YTD Price Performance: -5.31%

Average Trading Volume: 9,134,144

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £15.88B

For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.

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