Prudential ( (GB:PRU) ) just unveiled an announcement.
Prudential plc announced the purchase of 331,028 of its ordinary shares on the London Stock Exchange through Barclays Securities Limited, as part of a buyback program authorized at the 2024 Annual General Meeting. The shares, purchased at an average price of GBP 7.3002, will be canceled, reducing the total number of shares in issue to 2,632,146,113. This transaction is expected to impact the company’s share capital structure and voting rights, aligning with regulatory requirements and potentially affecting shareholder interests.
More about Prudential
Prudential plc is a company that provides life and health insurance and asset management services across 24 markets in Asia and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential has primary listings on the Hong Kong and London Stock Exchanges and is also listed on the Singapore and New York Stock Exchanges. It is a constituent of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programmes.
YTD Price Performance: 14.19%
Average Trading Volume: 8,378,594
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.01B
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