Prudential plc Executes Share Buyback on London Stock Exchange

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

Prudential plc announced the purchase of 260,000 of its own ordinary shares through Barclays Securities Limited on the London Stock Exchange. The shares were bought at an average price of GBP 8.3554 and will be canceled, reducing the total number of shares in issue to 2,623,307,013. This transaction is part of a buyback program authorized by shareholders at the 2024 Annual General Meeting and aligns with the company’s strategy to manage its capital structure effectively.

More about Prudential

Prudential plc is a financial services company incorporated and registered in England and Wales. It operates in the insurance and investment management industry, providing a range of financial products and services. The company is listed on multiple stock exchanges, including the London Stock Exchange and the Hong Kong Stock Exchange.

YTD Price Performance: 33.33%

Average Trading Volume: 8,893,830

Technical Sentiment Signal: Hold

Current Market Cap: £21.75B

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