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Prudential ( (GB:PRU) ) has issued an announcement.
Prudential plc announced plans to evaluate a potential listing of ICICI Prudential Asset Management, which would involve a partial divestment of shares. The proceeds from this divestment, contingent upon market conditions and approvals, are intended to be returned to shareholders. India remains a key strategic market for Prudential, with significant growth opportunities.
More about Prudential
Prudential plc is a life and health insurance and asset management provider operating in 24 markets across Asia and Africa. The company is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and aims to be a trusted partner in providing financial and health solutions.
YTD Price Performance: 7.16%
Average Trading Volume: 8,807,359
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.85B
Learn more about PRU stock on TipRanks’ Stock Analysis page.
