Prudential Completes Share Buyback on London Stock Exchange

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

Prudential plc has repurchased 975,853 of its ordinary shares on the London Stock Exchange, as per the authority granted by shareholders at the 2024 AGM. The average price paid per share was GBP 6.2122, and the company intends to cancel these shares, resulting in a total of 2,655,204,424 shares in issue. This share buyback is part of Prudential’s strategy to manage its capital structure and potentially enhance shareholder value.

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. It is listed on multiple stock exchanges, including the Stock Exchange of Hong Kong, the London Stock Exchange, the Singapore Stock Exchange, and the New York Stock Exchange, and is part of the Hang Seng Composite Index.

YTD Price Performance: -0.44%

Average Trading Volume: 9,289,792

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £16.81B

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