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Prudential Announces Share Buyback and Cancellation

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Prudential Announces Share Buyback and Cancellation

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Prudential ( (GB:PRU) ) has shared an update.

Prudential plc has repurchased 301,036 of its ordinary shares from Merrill Lynch International, with plans to cancel these shares. This transaction, conducted in accordance with shareholder authority granted at the 2025 Annual General Meeting, will adjust the total number of shares and voting rights to 2,563,057,323. The buyback aligns with the company’s strategic financial management and could impact shareholder interests and market perception of the company’s stock.

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 that provides life and health insurance as well as asset management services across Greater China, ASEAN, India, and Africa. The company aims to be a trusted partner by offering simple and accessible financial and health solutions. Prudential has dual primary listings on the Hong Kong and London Stock Exchanges, with additional listings on the Singapore and New York Stock Exchanges.

Average Trading Volume: 5,331,613

Technical Sentiment Signal: Buy

Current Market Cap: £25.76B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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