Prudential (GB:PRU) has released an update.
Prudential plc has repurchased 2.3 million of its ordinary shares through Goldman Sachs International on the London Stock Exchange, as part of a shareholder-approved buyback program. The shares, purchased at an average price of GBP 6.6638, will be cancelled, reducing the total number of shares in circulation to approximately 2.69 billion. This move is expected to enhance shareholder value by consolidating ownership and potentially supporting share prices.
For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.
