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Prudential plc Executes Share Buyback

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Prudential plc Executes Share Buyback

Elevate Your Investing Strategy:

Prudential ( (GB:PRU) ) just unveiled an announcement.

Prudential plc has repurchased 316,653 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 £9.3009 and will be canceled, reducing the total number of shares in issue to 2,581,528,147. This transaction is part of Prudential’s strategic financial management and may impact shareholder interests by altering the number of voting rights.

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 company that provides life and health insurance and asset management services across 24 markets in Asia 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 trading programs and indices.

Average Trading Volume: 5,624,812

Technical Sentiment Signal: Buy

Current Market Cap: £23.96B

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

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