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Prudential plc Executes Share Buyback to Enhance Shareholder Value

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Prudential plc Executes Share Buyback to Enhance Shareholder Value

An announcement from Prudential ( (GB:PRU) ) is now available.

Prudential plc has repurchased 260,000 of its ordinary shares on the London Stock Exchange through Barclays Securities Limited, as per the authority granted by shareholders at the 2024 Annual General Meeting. The shares were bought at an average price of GBP 7.8663 and will be canceled, reducing the total number of shares in issue to 2,625,647,013. This transaction impacts the company’s voting rights and may influence shareholder interest notifications under regulatory guidelines.

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 the Hong Kong, London, Singapore, and New York Stock Exchanges, and is part of several major trading indices.

YTD Price Performance: 21.54%

Average Trading Volume: 7,749,506

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £20.22B

See more insights into PRU stock on TipRanks’ Stock Analysis page.

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