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Prudential ( (GB:PRU) ) has shared an update.
Prudential plc has announced the purchase of 740,000 of its ordinary shares on the London Stock Exchange, as per the authority granted by shareholders at the company’s 2024 Annual General Meeting. The purchased shares, acquired at an average price of GBP 6.6116, will be cancelled. Following this transaction, Prudential plc will have 2,644,753,528 shares in issue, impacting the total number of voting rights within the company. This transaction is part of Prudential’s strategic share buy-back initiative, aligning with the guidelines of the London Stock Exchange and the Hong Kong Code on Share Buy-backs.
More about Prudential
Prudential plc is a financial services company incorporated in England and Wales. It operates primarily in the insurance and financial services industry, with a focus on life insurance, health insurance, and asset management products. The company is listed on multiple stock exchanges, including the London Stock Exchange and the Hong Kong Stock Exchange.
YTD Price Performance: 6.47%
Average Trading Volume: 8,805,049
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.8B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.