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Prudential plc Announces Share Buyback and Cancellation
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Prudential plc Announces Share Buyback and Cancellation

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

Prudential plc announced the purchase of 700,000 of its ordinary shares on the London Stock Exchange, with plans to cancel them, following shareholder authorization from the 2024 Annual General Meeting. This transaction is set to influence the total number of shares and voting rights within the company, potentially impacting shareholder interests and compliance with the FCA’s Disclosure Guidance and Transparency Rules.

More about Prudential

Prudential plc is a financial services company incorporated and registered in England and Wales. The company focuses on providing insurance and financial services globally, with a particular emphasis on the Asian market. As a major player in the financial sector, Prudential plc is listed on several stock exchanges, including the London Stock Exchange.

YTD Price Performance: 2.83%

Average Trading Volume: 8,595,016

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £17.18B

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

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