Prudential plc announced the cancellation of 257,846 ordinary shares on May, 18 2026, trimming its issued share capital to 2,523,441,459 shares.
On the same day, the insurer repurchased 252,765 shares on the London Stock Exchange at prices ranging from GBP 11.21 to GBP 11.485 per share, spending about 4.9 million Singapore dollars. These shares are awaiting cancellation.
Including 257,433 shares bought back on May, 15 2026, a total of 510,198 repurchased shares remain to be cancelled.
Since receiving shareholder approval on May, 14 2025 to buy back up to 262.67 million shares, Prudential has repurchased 89.24 million shares, equal to 3.43 % of the company’s issued share capital at the mandate date. Under Hong Kong listing rules, the company is barred from issuing new shares until Jun, 17 2026 following its latest repurchases.