Prudential plc (PRU) has reduced its outstanding share count after cancelling 840,983 ordinary shares that were repurchased on 6 November 2026 and cancelled on 10 November 2026. The cancellation trimmed the insurer’s issued share capital by 0.03 percentage points to 2.46 billion shares, according to the company’s Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 11 November 2026.
In addition to the cancelled shares, a further 868,068 shares—acquired on 9–10 November at volume-weighted average prices of GBP 9.4541 and GBP 9.7283—remain pending cancellation. These outstanding repurchases represent 0.04 percent of the pre-event share base; their removal would lower the issued share count to roughly 2.459 billion.
The most recent on-market buyback comprised 405,305 shares purchased on 10 November via the London Stock Exchange at prices between GBP 9.588 and GBP 9.88, for total consideration of GBP 3.94 million. All repurchased shares are intended for cancellation; the company holds no treasury shares.
The activities form part of the share repurchase mandate granted on 14 May 2025, which authorises Prudential to buy back up to 262.67 million shares. To date, the group has repurchased 138.44 million shares—equivalent to 5.32 percent of the share capital at the mandate date—leaving capacity for approximately 124.22 million additional shares.
Under Hong Kong listing rules, Prudential is subject to a moratorium on issuing new shares or disposing of treasury shares until 10 December 2026.