Prudential executes share buyback on London Stock Exchange

Prudential plc (HKEX:2378) announced the purchase of 260,000 of its ordinary shares on the London Stock Exchange. The buyback, executed through Barclays Capital Securities Limited, occurred at a volume-weighted average price of GBP 8.0339 per share. The lowest price paid was GBP 7.9700, while the highest price reached GBP 8.1020. Prudential intends to cancel these shares, bringing the total number of issued shares to 2,607,177,215 and an equivalent number of voting rights. This move aligns with shareholder authorization from the 2024 Annual General Meeting and a pre-existing agreement with Barclays, initially announced in December 2024. The shares were purchased as on-exchange transactions under London Stock Exchange and Hong Kong Code on Share Buy-backs rules. A detailed breakdown of individual trades is accessible on the London Stock Exchange's website.