Prudential plc Announces Share Repurchase and Cancellation

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

Prudential plc has repurchased 315,199 of its ordinary shares from Merrill Lynch International, with plans to cancel these shares. This move, conducted under the authority granted at the 2025 Annual General Meeting, will adjust the total number of shares and voting rights to 2,575,854,148. The transaction aligns with the company’s strategy to manage its share capital effectively and may impact shareholder interests as per the FCA’s Disclosure Guidance and Transparency Rules.

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 across 24 markets in Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential is listed on multiple stock exchanges, including the Hong Kong Stock Exchange, London Stock Exchange, Singapore Stock Exchange, and New York Stock Exchange. It is also part of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs.

Average Trading Volume: 5,425,082

Technical Sentiment Signal: Buy

Current Market Cap: £24.65B

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