Prudential plc Executes Share Buyback on May 29, 2025

Prudential ( (PUK) ) has issued an update.

On May 29, 2025, Prudential plc announced the purchase of 843,044 of its own ordinary shares on the London Stock Exchange, as authorized by shareholders at the 2025 AGM. The shares were bought through Barclays Capital Securities Limited and will be canceled, reducing the total number of shares in issue to 2,598,056,198. This transaction, conducted under the rules of the London Stock Exchange and the Hong Kong Code on Share Buy-backs, adjusts the company’s voting rights and may impact shareholder interests.

Spark’s Take on PUK Stock

According to Spark, TipRanks’ AI Analyst, PUK is a Outperform.

Prudential’s stock is favorably positioned with strong earnings growth and strategic initiatives, such as expansion in new markets and a significant share buyback program. Despite revenue volatility and challenges in certain markets, the company’s robust balance sheet and attractive valuation metrics suggest potential for appreciation.

To see Spark’s full report on PUK stock, click here.

More about Prudential

Prudential plc is a prominent provider of life and health insurance and asset management services, operating in 24 markets across Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. It is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and is part of the Hang Seng Composite Index.

Average Trading Volume: 988,621

Technical Sentiment Signal: Hold

Current Market Cap: $29.03B

For detailed information about PUK stock, go to TipRanks’ Stock Analysis page.