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Prudential plc Completes Share Buyback Transaction
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Prudential plc Completes Share Buyback Transaction

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

Prudential plc announced a transaction in which it purchased 260,000 of its ordinary shares on the London Stock Exchange, as part of an agreement with Barclays Securities Limited. The shares were bought at an average price of GBP 7.2462 and are intended to be cancelled, reducing the total number of shares in issue to 2,637,137,123. This buyback is in line with the authority granted by shareholders and impacts the voting rights denominator, which stakeholders must consider under FCA’s rules.

More about Prudential

Prudential plc is a company incorporated and registered in England and Wales with limited liability. It is listed on various stock exchanges including the London Stock Exchange and operates within the financial services industry, focusing on insurance and investment products.

YTD Price Performance: 14.10%

Average Trading Volume: 8,744,274

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £19.03B

See more data about PRU stock on TipRanks’ Stock Analysis page.

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