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Prudential ( (GB:PRU) ) has provided an announcement.
Prudential plc announced the purchase of 938,953 of its ordinary shares on the London Stock Exchange, with plans to cancel the shares, reducing the total number of shares in issue. This transaction aims to optimize the company’s capital structure and may impact shareholder voting rights, aligning with Prudential’s strategic financial management initiatives.
More about Prudential
Prudential plc 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 primary listings on stock exchanges in Hong Kong and London, with secondary listings in Singapore and New York.
YTD Price Performance: -26.30%
Average Trading Volume: 11,267,225
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £16.88B
Learn more about PRU stock on TipRanks’ Stock Analysis page.
