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The latest update is out from Prudential ( (GB:PRU) ).
Prudential plc has repurchased 323,736 of its ordinary shares from Merrill Lynch International, as part of a buyback program authorized at the 2025 Annual General Meeting. The repurchased shares will be canceled, reducing the total number of shares in issue to 2,580,565,466, which may impact shareholder voting rights and interest notifications. This move is in line with the company’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:PRU) stock is a Buy with a £11.61 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 stock benefits from strong financial performance, particularly in profitability and cash flow, alongside positive technical trends. Strategic corporate actions and fair valuation further bolster its investment case. However, revenue volatility and regulatory challenges are notable risks.
To see Spark’s full report on GB:PRU stock, click here.
More about Prudential
Prudential plc is a prominent provider of life and health insurance and asset management services, operating in 24 markets across Asia and Africa. The company is dedicated to offering simple and accessible financial and health solutions, with dual primary listings on the Hong Kong and London Stock Exchanges, and additional listings in Singapore and New York.
Average Trading Volume: 5,519,080
Technical Sentiment Signal: Hold
Current Market Cap: £23.61B
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.