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Prudential plc Executes Share Buyback Program

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Prudential plc Executes Share Buyback Program

Elevate Your Investing Strategy:

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

Prudential plc has repurchased 308,458 of its ordinary shares from Merrill Lynch International as part of a buyback program authorized at its 2025 Annual General Meeting. The repurchased shares will be canceled, reducing the total number of shares in issue to 2,582,482,055. This transaction is expected to impact the company’s share capital structure and could influence shareholder voting rights.

The most recent analyst rating on (GB:PRU) stock is a Hold with a £8.60 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 provides life and health insurance and asset management services across 24 markets in 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: 5,703,830

Technical Sentiment Signal: Hold

Current Market Cap: £23.74B

For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.

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