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Prudential plc Announces Share Repurchase and Cancellation

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Prudential plc Announces Share Repurchase and Cancellation

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Prudential ( (GB:PRU) ) has issued an update.

Prudential plc has announced the purchase of 651,243 of its ordinary shares on the London Stock Exchange, with the transaction taking place through Barclays Securities Limited. The acquired shares will be cancelled, reducing the total number of shares in issue to 2,642,842,682, which will also affect the company’s total voting rights.

More about Prudential

Prudential plc is a multinational financial services company incorporated in England and Wales. It is primarily known for providing insurance and financial services, focusing on life insurance, health insurance, and asset management. The company operates across various international markets and is listed on multiple stock exchanges, including the London Stock Exchange.

YTD Price Performance: 6.47%

Average Trading Volume: 8,805,049

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £17.8B

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

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