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Prudential ( (GB:PRU) ) has issued an update.
Prudential plc announced the purchase of 260,000 of its own ordinary shares, with the intention to cancel them, effectively reducing the total number of shares in issue to 2,648,959,138. This transaction, conducted through Barclay Securities Limited on the London Stock Exchange, aligns with the authority granted at the 2024 Annual General Meeting, and aims to optimize capital structure and enhance shareholder value.
More about Prudential
Prudential plc provides life and health insurance and asset management services in 24 markets across Asia and Africa. The company focuses on being a trusted partner and protector by offering simple and accessible financial and health solutions. It holds dual primary listings on the Hong Kong and London Stock Exchanges and secondary listings in Singapore and New York.
YTD Price Performance: 2.92%
Average Trading Volume: 8,819,962
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.24B
For an in-depth examination of PRU stock, go to TipRanks’ Stock Analysis page.
