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Prudential Executes Share Buyback to Optimize Shareholder Value
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Prudential Executes Share Buyback to Optimize Shareholder Value

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Prudential ( (GB:PRU) ) has provided an announcement.

Prudential plc announced the purchase of 1,378,678 of its own shares on the London Stock Exchange, in line with the authority granted by shareholders at the 2024 Annual General Meeting. The shares were bought at an average price of GBP 6.2840 and will be cancelled, reducing the total shares in issue to 2,658,521,888. This transaction will impact the company’s voting rights, which shareholders can use as a denominator for FCA’s Disclosure Guidance and Transparency Rules compliance.

More about Prudential

Prudential plc is a company that provides life and health insurance as well as asset management services in 24 markets across Asia and Africa. Its mission is to offer simple and accessible financial and health solutions, with a focus on being a trusted partner and protector for current and future generations. The company has dual primary listings on the London and Hong Kong Stock Exchanges, and secondary listings in Singapore and New York.

YTD Price Performance: -26.78%

Average Trading Volume: 11,172,206

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £16.76B

See more data about PRU stock on TipRanks’ Stock Analysis page.

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