The latest update is out from Prudential ( (GB:PRU) ).
Prudential plc has announced the purchase of 260,000 of its own ordinary shares on the London Stock Exchange, as part of a buy-back program authorized by shareholders at the 2024 Annual General Meeting. The shares were acquired through Barclays Securities Limited at an average price of GBP 8.2999 per share. Following this transaction, the company intends to cancel the purchased shares, resulting in a total of 2,623,827,013 shares in issue. This move is expected to impact the company’s share capital structure and may influence shareholder voting rights.
More about Prudential
Prudential plc is a multinational financial services company incorporated in England and Wales. It primarily operates in the insurance and asset management sectors, providing a range of financial products and services. The company is listed on multiple stock exchanges, including the London Stock Exchange, and has a significant market presence in Asia, the United Kingdom, and the United States.
YTD Price Performance: 31.68%
Average Trading Volume: 8,924,182
Technical Sentiment Signal: Hold
Current Market Cap: £21.69B
See more data about PRU stock on TipRanks’ Stock Analysis page.