An update from Prudential ( (GB:PRU) ) is now available.
Prudential plc announced the purchase of 260,000 of its own ordinary shares on the London Stock Exchange through Barclays Securities Limited. The transaction, authorized by shareholders at the 2024 Annual General Meeting, is part of the company’s strategy to manage its capital structure. The purchased shares will be canceled, reducing the total number of shares in issue to 2,623,567,013. This move is expected to impact the company’s voting rights and may influence shareholder notifications under the FCA’s Disclosure Guidance and Transparency Rules.
More about Prudential
Prudential plc is a multinational financial services company incorporated and registered in England and Wales. It primarily operates in the insurance and investment sectors, providing a range of financial products and services. The company is listed on several stock exchanges, including the London Stock Exchange and the Hong Kong Stock Exchange, and focuses on markets across Asia, Africa, and the United Kingdom.
YTD Price Performance: 32.89%
Average Trading Volume: 8,890,187
Technical Sentiment Signal: Hold
Current Market Cap: £21.56B
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