Prudential Announces Share Buyback on London Stock Exchange

The latest announcement is out from Prudential ( (GB:PRU) ).

Prudential plc announced the purchase of 260,000 of its ordinary shares on the London Stock Exchange, as part of a buyback agreement with Barclays Securities Limited. The shares were bought at an average price of GBP 7.2538 and will be cancelled, reducing the total number of shares in issue to 2,633,137,141. This transaction, conducted under the authority granted at the 2024 Annual General Meeting, is expected to impact the company’s share capital structure and voting rights, aligning with regulatory requirements.

More about Prudential

Prudential plc is a company that provides life and health insurance as well as 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 Hong Kong and London Stock Exchanges, and secondary listings on the Singapore and New York Stock Exchanges. It is part of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs.

YTD Price Performance: 11.11%

Average Trading Volume: 8,213,775

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £18.51B

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