Prudential plc Executes Share Buyback on London Stock Exchange

The latest update is out from Prudential ( (GB:PRU) ).

Prudential plc has announced the purchase of 3,000,000 of its own ordinary shares on the London Stock Exchange, executed through Barclays Securities Limited. This transaction, authorized by shareholders at the 2024 Annual General Meeting, is part of the company’s strategy to manage its share capital effectively. The purchased shares will be canceled, reducing the total number of shares in issue to 2,620,307,013, which will also adjust the total voting rights available. This move is compliant with the London Stock Exchange rules and the Hong Kong Code on Share Buy-backs, indicating Prudential’s commitment to maintaining regulatory standards.

More about Prudential

Prudential plc is a financial services company incorporated and registered in England and Wales. It operates primarily in the insurance and investment sectors, focusing on providing financial solutions and services to a diverse range of clients across various markets.

YTD Price Performance: 19.02%

Average Trading Volume: 9,079,162

Technical Sentiment Signal: Hold

Current Market Cap: £19.46B

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