Prudential plc (PRU) Executes GBP 4.09 Million Share Buyback; Total Repurchases Now 90.63 Million Shares

Bulletin Express
1 hour ago

Prudential plc (PRU) disclosed a further share repurchase on 22 May 2026, buying back 362,740 ordinary shares of GBP 0.05 each on the London Stock Exchange.

Key details • Volume: 362,740 shares, representing 0.0144 % of the 2.52 billion issued shares before the transaction. • Price range: GBP 11.175 – GBP 11.475 per share. • Aggregate consideration: GBP 4.09 million, implying a volume-weighted average price of approximately GBP 11.29. • Shares will be cancelled; none will be held as treasury shares.

Additional recent activity • 20 May 2026: 251,922 shares repurchased for GBP 11.23 each (VWAP). • 21 May 2026: 251,161 shares repurchased for GBP 11.42 each (VWAP). • Combined with the 22 May purchase, 865,823 shares (0.0343 % of issued capital) are awaiting cancellation.

Programme status • Shareholder mandate (granted 14 May 2025) permits buybacks of up to 262.67 million shares. • Cumulative repurchases under this mandate now stand at 90.63 million shares, equal to 3.48 % of the company’s issued share count at mandate date. • The issued share capital remains unchanged at 2,522.41 million shares pending cancellation of the repurchased stock.

Other information • Under Hong Kong Listing Rules, Prudential is subject to a 30-day moratorium on issuing new shares or selling treasury shares until 21 June 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10