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An announcement from Prudential ( (GB:PRU) ) is now available.
Prudential plc announced the repurchase of 260,000 of its ordinary shares on the London Stock Exchange through Barclays Securities Limited. The transaction, in line with the authority granted by shareholders at the 2024 Annual General Meeting, aims to cancel the acquired shares, adjusting the total number of shares in issue to 2,649,219,138. This buyback is expected to impact the company’s financial structuring and shareholder value by altering the number of voting rights, which could influence investor interest in the company.
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. 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, with additional listings on the Singapore and New York Stock Exchanges.
YTD Price Performance: -3.83%
Average Trading Volume: 9,000,359
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.88B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.
