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Prudential ( (GB:PRU) ) has provided an announcement.
Prudential plc has announced a repurchase and cancellation of 260,000 ordinary shares, reducing its total issued shares from 2,637,137,123 to 2,636,877,123 as of February 19, 2025. This move marginally decreases the number of issued shares by 0.009859%, potentially indicating a strategic financial adjustment aimed at optimizing shareholder value and reflecting confidence in the company’s market valuation.
More about Prudential
YTD Price Performance: 10.68%
Average Trading Volume: 8,498,177
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.02B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.
