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Prudential ( (GB:PRU) ) has issued an update.
Prudential plc has announced the issuance of 2,175,535 new ordinary shares as part of its scrip dividend alternative for the 2025 first interim dividend. This issuance is aligned with the company’s policy to neutralize any minor shareholder dilution through share buybacks on the London Stock Exchange. The new shares will be issued on the Hong Kong line, and a portion will be sold to facilitate participation by UK shareholders without Hong Kong brokerage accounts.
The most recent analyst rating on (GB:PRU) stock is a Buy with a £12.20 price target. To see the full list of analyst forecasts on Prudential stock, see the GB:PRU Stock Forecast page.
Spark’s Take on GB:PRU Stock
According to Spark, TipRanks’ AI Analyst, GB:PRU is a Outperform.
Prudential’s overall stock score reflects strong financial performance and positive technical indicators. The company’s strategic investments and capital management plans are promising, despite challenges in certain markets and regulatory environments. The valuation remains attractive, supporting a favorable outlook.
To see Spark’s full report on GB:PRU stock, click here.
More about Prudential
Prudential plc is a company providing life and health insurance and asset management services primarily in Greater China, ASEAN, India, and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential is dual-listed on the Hong Kong and London Stock Exchanges and has additional listings in Singapore and New York.
Average Trading Volume: 5,158,201
Technical Sentiment Signal: Buy
Current Market Cap: £26.41B
Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.