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Prudential ( (GB:PRU) ) has provided an update.
Prudential plc has repurchased 295,099 of its ordinary shares from Merrill Lynch International, as part of a buyback program authorized by shareholders at the 2025 Annual General Meeting. The repurchased shares will be canceled, reducing the total number of shares in issue to 2,574,649,504. This transaction, conducted in accordance with the Listing Rules of the London Stock Exchange and the Hong Kong Code on Share Buy-Backs, is expected to impact the company’s share capital structure and potentially influence shareholder interests.
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 across 24 markets in Asia and Africa. The company is committed to offering simple and accessible financial and health solutions, aiming to be a trusted partner for current and future generations. Prudential is dual-listed on the Hong Kong and London Stock Exchanges and has additional listings on the Singapore and New York Stock Exchanges.
Average Trading Volume: 5,200,335
Technical Sentiment Signal: Buy
Current Market Cap: £24.99B
For an in-depth examination of PRU stock, go to TipRanks’ Overview page.
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