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Prudential Announces Share Buyback and Cancellation

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Prudential Announces Share Buyback and Cancellation

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

Prudential plc announced the purchase of 400,000 of its own ordinary shares through Barclays Securities Limited on the London Stock Exchange. The shares were bought at an average price of GBP 7.2403 and will be canceled, reducing the total number of shares in issue to 2,632,477,141. This transaction aligns with the authority granted by shareholders and affects the total number of voting rights, which stakeholders can use to assess their interest in the company.

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. It has dual primary listings on the Hong Kong and London Stock Exchanges, with additional listings on the Singapore and New York Stock Exchanges.

YTD Price Performance: 14.19%

Average Trading Volume: 8,378,594

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £19.01B

For an in-depth examination of PRU stock, go to TipRanks’ Stock Analysis page.

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