Prudential ( (GB:PRU) ) has shared an announcement.
Prudential plc announced the repurchase of 729,100 of its ordinary shares through Barclays Securities Limited on the London Stock Exchange. The shares, purchased at an average price of GBP 7.4468, will be canceled, reducing the total number of shares in issue to 2,629,947,013. This transaction, conducted under the authority granted by shareholders, aligns with Prudential’s strategy to manage its capital structure effectively.
More about Prudential
Prudential plc provides life and health insurance and asset management services across 24 markets in Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. It is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and is part of the Hang Seng Composite Index.
YTD Price Performance: 17.02%
Average Trading Volume: 7,811,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.47B
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