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The latest announcement is out from Prudential ( (GB:PRU) ).
Prudential plc announced the repurchase of 699,801 of its ordinary shares on the London Stock Exchange, with the intention to cancel these shares, thereby adjusting its total shares in issue to 2,659,900,566. This transaction, executed in compliance with the London Stock Exchange and Hong Kong Code on Share Buy-backs, is part of the company’s strategic financial management, impacting its share capital and voting rights structure.
More about Prudential
Prudential plc is an insurance and asset management company operating in 24 markets across Asia and Africa. It provides life and health insurance and asset management services, aiming to be a trusted partner by offering accessible financial and health solutions. The company is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York.
YTD Price Performance: -26.60%
Average Trading Volume: 11,236,186
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £16.81B
Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.