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Prudential plc Grants Share Awards to CEO Under Long Term Incentive Plan

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Prudential plc Grants Share Awards to CEO Under Long Term Incentive Plan

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

Prudential plc announced the grant of 635,353 new ordinary shares to its CEO, Anil Wadhwani, under the Prudential Long Term Incentive Plan 2023. The award, which has a vesting period of three years, is part of a strategic initiative to align performance targets with the company’s priorities. These targets include new business profit, shareholder return, and diversity, among others. The grant is aimed at driving growth and ensuring strong governance, with a clawback mechanism in place for exceptional circumstances.

More about Prudential

Prudential plc is a company that 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. Prudential has dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange, with additional listings on the Singapore Stock Exchange and the New York Stock Exchange.

YTD Price Performance: 33.08%

Average Trading Volume: 8,732,251

Technical Sentiment Signal: Hold

Current Market Cap: £21.79B

See more data about PRU stock on TipRanks’ Stock Analysis page.

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