tiprankstipranks
Company Announcements

Prudential plc Executes Share Buyback and Reduction

Story Highlights
Prudential plc Executes Share Buyback and Reduction

Discover the Best Stocks and Maximize Your Portfolio:

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

Prudential plc announced a transaction involving the purchase of 700,000 of its own ordinary shares on the London Stock Exchange. The purchase was conducted as part of an agreement with Barclays Securities Limited and in line with shareholder authorization from the 2024 Annual General Meeting. The company intends to cancel these shares, impacting the total number of voting rights available to shareholders, which will now be 2,639,550,574.

More about Prudential

Prudential plc is a financial services company incorporated in England and Wales, primarily involved in providing insurance and financial products. It operates on various international stock exchanges, including the London Stock Exchange, and focuses on delivering long-term value to its shareholders and customers.

YTD Price Performance: 4.21%

Average Trading Volume: 8,743,798

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £17.4B

For an in-depth examination of PRU stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1