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An update from Prudential ( (GB:PRU) ) is now available.
Prudential plc has repurchased 272,878 of its ordinary shares from Merrill Lynch International at an average price of £10.4348 per share, as part of a buyback program authorized at the company’s 2025 Annual General Meeting. The repurchased shares will be canceled, reducing the total number of shares in issue to 2,565,069,188. This move is expected to impact the company’s share capital structure and may influence shareholder interests in line with regulatory requirements.
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 leading provider of life and health insurance and asset management services, with a significant presence in Greater China, ASEAN, India, and Africa. The company is committed to offering simple and accessible financial and health solutions, aiming to be a trusted partner for current and future generations. 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: 5,189,999
Technical Sentiment Signal: Buy
Current Market Cap: £26.75B
Learn more about PRU stock on TipRanks’ Stock Analysis page.