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Prudential plc Announces Share Buyback and Cancellation

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Prudential plc Announces Share Buyback and Cancellation

An update from Prudential ( (GB:PRU) ) is now available.

Prudential plc announced the purchase of 260,000 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move will adjust the total number of shares in issue to 2,624,867,013, impacting shareholder voting rights and potentially enhancing shareholder value by reducing the number of shares outstanding.

More about Prudential

Prudential plc provides life and health insurance and asset management services in 24 markets across Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. It has primary listings on the Hong Kong and London Stock Exchanges and secondary listings on the Singapore and New York Stock Exchanges.

YTD Price Performance: 29.83%

Average Trading Volume: 8,607,946

Technical Sentiment Signal: Hold

Current Market Cap: £21.59B

For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.

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