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Prudential ( (GB:PRU) ) has provided an update.
Prudential plc announced the repurchase of 254,334 of its ordinary shares from Merrill Lynch International, as authorized by shareholders at the 2025 Annual General Meeting. The shares were bought at an average price of £10.8389 and will be canceled, reducing the total number of shares in issue to 2,559,788,629. This transaction is part of Prudential’s strategy to manage its capital structure and enhance shareholder value, aligning with regulatory requirements across different stock exchanges.
More about Prudential
Prudential plc is a multinational financial services company incorporated in England and Wales. It primarily operates in the insurance and financial services industry, offering a range of products including life insurance, health insurance, and asset management. The company has a significant market presence in Asia, the United States, and Africa, focusing on long-term savings and protection products.
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.