tiprankstipranks
Prudential plc Executes Share Buy-back Plan
Company Announcements

Prudential plc Executes Share Buy-back Plan

Prudential (GB:PRU) has released an update.

Prudential plc has conducted a buy-back of its shares, purchasing 234,594 ordinary shares at an average price of GBP 7.3152 each, with the transaction taking place through Goldman Sachs International on the London Stock Exchange. The company has announced its intention to cancel the acquired shares, which will reduce the total number of shares in issue and consequently the total voting rights. This strategic move is part of Prudential’s capital management efforts as permitted by shareholder authority from their 2024 Annual General meeting.

For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!