Prudential plc announced on Mar, 10 2026 that it cancelled 357,726 ordinary shares of GBP 0.05 each on Mar, 9 2026, trimming its issued share capital by about 0.014 percent to 2,533,622,902 shares.
On the same day, the insurer repurchased an additional 375,388 shares on the London Stock Exchange at prices between GBP 10.25 and GBP 10.635, spending a total of GBP 3.94 million. These shares are earmarked for cancellation.
The latest purchase forms part of the repurchase mandate approved on May, 14 2025, which authorises buybacks of up to 262.67 million shares. To date, Prudential plc has repurchased 73.57 million shares under this mandate, equivalent to about 2.82 percent of the company’s issued share count at the time of approval.
Under Hong Kong listing rules, the company is subject to a moratorium on issuing new shares, or selling or transferring treasury shares, until Apr, 8 2026 following the latest buyback.