Prudential Executes Share Buyback of 400,000 Shares

Prudential ( (GB:PRU) ) has issued an update.

Prudential plc has executed a share buyback, purchasing 400,000 of its ordinary shares through Barclays Securities Limited on the London Stock Exchange. This transaction, conducted under the authority granted at the 2024 Annual General Meeting, will result in the cancellation of the purchased shares, leaving the company with 2,634,697,123 shares in issue. The buyback is expected to impact the company’s voting rights structure and may influence shareholder decisions under the FCA’s Disclosure Guidance and Transparency Rules.

More about Prudential

Prudential plc is a prominent provider of life and health insurance and asset management services, operating in 24 markets across Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential is listed on multiple stock exchanges, including the Hong Kong, London, Singapore, and New York Stock Exchanges, and is a constituent of the Hang Seng Composite Index.

YTD Price Performance: 12.31%

Average Trading Volume: 8,449,773

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £18.72B

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