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Prudential ( (GB:PRU) ) has shared an update.
Prudential plc announced the repurchase of 271,047 of its ordinary shares from Merrill Lynch International, as authorized by shareholders at the 2025 Annual General Meeting. The shares were bought at an average price of £10.3480 and will be canceled, reducing the total number of shares in issue to 2,568,487,248. This transaction is part of Prudential’s strategy to manage its capital efficiently and may impact the company’s market positioning by potentially increasing shareholder value.
The most recent analyst rating on (GB:PRU) stock is a Buy with a £12.20 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 reflects strong financial performance and positive technical indicators. The company’s strategic investments and capital management plans are promising, despite challenges in certain markets and regulatory environments. The valuation remains attractive, supporting a favorable outlook.
To see Spark’s full report on GB:PRU stock, click here.
More about Prudential
Prudential plc is a company that provides life and health insurance and asset management services across Greater China, ASEAN, India, and Africa. It aims to be a trusted partner by offering simple and accessible financial and health solutions. The company is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and is part of several major trading indices.
Average Trading Volume: 5,335,268
Technical Sentiment Signal: Buy
Current Market Cap: £26.17B
Learn more about PRU stock on TipRanks’ Stock Analysis page.