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The latest update is out from Prudential ( (GB:PRU) ).
Prudential plc has repurchased 246,970 ordinary shares on the London Stock Exchange through Barclays Securities Limited, following shareholder approval at its 2024 Annual General Meeting. The shares will be canceled, reducing the total number of shares in issue to 2,653,611,359. This transaction aligns with Prudential’s strategic financial management and may impact shareholder voting rights, as it adjusts the denominator for interest notifications under FCA rules.
More about Prudential
Prudential plc is a provider of 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 dual primary listings on the Hong Kong and London Stock Exchanges and is involved in various international stock trading programs. It is not affiliated with Prudential Financial, Inc. in the USA or The Prudential Assurance Company Limited in the UK.
YTD Price Performance: -5.40%
Average Trading Volume: 9,154,761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.88B
See more insights into PRU stock on TipRanks’ Stock Analysis page.
