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The latest update is out from Prudential ( (GB:PRU) ).
Prudential plc has announced the repurchase of 281,533 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 purchased at an average price of £10.6645 and will be canceled, reducing the total number of shares in issue to 2,560,323,011. This transaction is expected to impact the company’s capital structure and may influence shareholder value by potentially increasing earnings per share.
More about Prudential
Prudential plc is a financial services company incorporated and registered in England and Wales. It operates in the insurance and investment management industry, 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 presence in international markets.
Learn more about PRU stock on TipRanks’ Stock Analysis page.