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An announcement from Prudential ( (GB:PRU) ) is now available.
Prudential plc has executed a share buyback transaction, purchasing 1,392,108 of its ordinary shares at an average price of GBP 6.6820 per share. This move, conducted through Barclays Securities Limited on the London Stock Exchange, aims to cancel the purchased shares, adjusting the total number of shares in issue to 2,641,450,574. The transaction is expected to impact shareholder voting rights and reflects the company’s strategic effort to optimize its capital structure.
More about Prudential
Prudential plc is a multinational financial services leader headquartered in England and Wales. The company is primarily involved in life insurance, asset management, and financial services, focusing on markets across Asia, Africa, and the United States.
YTD Price Performance: 4.87%
Average Trading Volume: 8,699,988
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.46B
See more insights into PRU stock on TipRanks’ Stock Analysis page.
