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The latest announcement is out from Prudential ( (GB:PRU) ).
Prudential plc announced the repurchase of 301,668 of its ordinary shares from Merrill Lynch International, as part of a previously agreed arrangement. The shares were bought at an average price of £10.5016 per share and will be canceled, reducing the total number of shares in issue. This transaction is part of Prudential’s strategy to manage its share capital and potentially enhance shareholder value, reflecting the company’s proactive approach in optimizing its financial structure.
More about Prudential
Prudential plc is a financial services company incorporated and registered in England and Wales. It operates in the insurance and investment sectors, providing a range of financial products and services. The company is listed on multiple stock exchanges, including the London Stock Exchange, and focuses on serving customers in various international markets.
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.