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Prudential plc Executes Share Buyback to Optimize Capital Structure

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Prudential plc Executes Share Buyback to Optimize Capital Structure

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

Prudential plc announced the purchase of 260,000 of its ordinary shares on the London Stock Exchange, with the intent to cancel these shares. This transaction, conducted through Barclays Securities Limited, reduces the total number of shares in issue to 2,637,397,123, affecting the voting rights denominator for shareholders under the FCA’s rules.

More about Prudential

Prudential plc is a financial services company incorporated in England and Wales, primarily involved in the provision of insurance and investment management services. The company is listed on multiple stock exchanges, including the London Stock Exchange, and focuses on the Asian and African markets, providing a range of products for savings, protection, and investment solutions.

YTD Price Performance: 14.10%

Average Trading Volume: 8,817,768

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £19.03B

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

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