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Prudential Executes Significant Share Buyback

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Prudential Executes Significant Share Buyback

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

Prudential plc has executed a share buyback, purchasing 666,611 of its ordinary shares, with the intention to cancel them, a move enabled by the authority granted during the 2024 Annual General Meeting. This transaction, conducted through Barclays Securities Limited on the London Stock Exchange, reduces the number of shares in issue to 2,656,855,277, potentially impacting shareholder voting rights and market positioning.

More about Prudential

Prudential plc is a company providing life and health insurance along with asset management services across 24 markets in Asia and Africa. It aims to be a trusted partner in delivering financial and health solutions and has primary listings on stock exchanges in Hong Kong and London, with additional listings in Singapore and New York.

YTD Price Performance: -1.88%

Average Trading Volume: 9,502,120

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £16.49B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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