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Prudential Executes Share Buyback on London Stock Exchange
Company Announcements

Prudential Executes Share Buyback on London Stock Exchange

Story Highlights
  • Prudential plc has bought back over 1.3 million shares on the London Stock Exchange.
  • The share buyback will reduce Prudential’s shares in issue, affecting shareholder voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Prudential ( (GB:PRU) ).

Prudential plc has repurchased 1,346,095 of its ordinary shares on the London Stock Exchange, with plans to cancel them, reducing its number of shares in issue to 2,653,858,329. This move, executed through Barclays Securities, aligns with the authority given at the 2024 Annual General Meeting, potentially impacting shareholder voting rights and reflecting strategic financial management.

More about Prudential

Prudential plc provides life and health insurance and asset management services in 24 markets across Asia and Africa. It aims to be a trusted partner by offering simple and accessible financial and health solutions. The company is dual-listed on the Hong Kong and London Stock Exchanges and has additional listings on the Singapore and New York Stock Exchanges.

YTD Price Performance: -3.45%

Average Trading Volume: 9,286,502

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £16.22B

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

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