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Prudential ( (GB:PRU) ) has shared an announcement.
Prudential plc has announced the purchase of 633,451 of its ordinary shares on the London Stock Exchange, facilitated by Barclays Securities Limited. This buyback is part of the authority granted by shareholders during the company’s 2024 Annual General Meeting. The shares will be canceled, reducing the total number of shares in issue to 2,638,917,123, which will impact the voting rights of shareholders under the FCA’s Disclosure Guidance and Transparency Rules.
More about Prudential
Prudential plc is a financial services company incorporated and registered in England and Wales. It operates primarily in the insurance and financial sectors, focusing on providing a range of products and services including life insurance, investment management, and retirement solutions. The company is listed on multiple stock exchanges, including the London Stock Exchange and the Hong Kong Stock Exchange.
YTD Price Performance: 6.94%
Average Trading Volume: 8,944,137
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.4B
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.
