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Prudential ( (GB:PRU) ) has provided an update.
Prudential plc has repurchased 282,850 of its ordinary shares from Merrill Lynch International, as part of a buyback program authorized by shareholders at the 2025 Annual General Meeting. The shares were bought at an average price of £10.5249 and will be canceled, reducing the total number of shares in issue to 2,561,738,765. This transaction is expected to impact the company’s share capital structure and may influence shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.
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 in Singapore and New York.
Average Trading Volume: 5,613,303
Technical Sentiment Signal: Buy
Current Market Cap: £26.43B
See more insights into PRU stock on TipRanks’ Stock Analysis page.