Prudential Launches USD 1.2 Billion Share Buyback as Part of Expanded Capital Return Plan

The latest announcement is out from Prudential ( (GB:PRU) ).

Prudential plc has launched a new share buyback programme of up to USD 1.2 billion, to be completed by 18 December 2026, aimed at reducing its share capital and returning cash to investors, with all repurchased shares to be cancelled. The 2026 programme forms part of Prudential’s broader capital management plan to return more than USD 5 billion to shareholders over 2024–2027 and follows the completion of a USD 2 billion buyback and the IPO of ICICI Prudential Asset Management, with USD 700 million of the new buyback funded from IPO proceeds and the remaining net proceeds slated for distribution in 2027, underscoring management’s confidence in its growth strategy and commitment to sustained shareholder returns.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1400.00 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 life and health insurer and asset manager focused on Greater China, ASEAN, India and Africa, offering simple and accessible financial and health solutions. The group has dual primary listings in Hong Kong and London, a secondary listing in Singapore, and American Depositary Receipts on the New York Stock Exchange, and is included in major Hong Kong and Stock Connect indices.

Average Trading Volume: 5,282,402

Technical Sentiment Signal: Buy

Current Market Cap: £29.23B

See more data about PRU stock on TipRanks’ Stock Analysis page.