Prudential ( (GB:PRU) ) has shared an update.
Prudential plc announced the purchase of 500,000 of its ordinary shares through Barclays Securities Limited on the London Stock Exchange. The shares will be canceled, reducing the total number of shares in issue to 2,631,646,113, which affects the voting rights for shareholders. This transaction is part of a strategy to manage share capital and aligns with shareholder authority granted at the 2024 Annual General Meeting.
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. It is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and is part of various trading programs and indices.
YTD Price Performance: 14.19%
Average Trading Volume: 8,378,594
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.01B
Learn more about PRU stock on TipRanks’ Stock Analysis page.