Prudential Plc reduces voting rights via share buyback
Prudential Plc (HKEX:2378) repurchased 300,899 of its ordinary shares on August 27, 2025, from Merrill Lynch International. The transaction was executed under the authority granted at the company's 2025 annual general meeting, with shares bought at an average price of £9.6388. The lowest price was £9.5120 and the highest was £9.8700. The shares were purchased as an on-exchange transaction via the London Stock Exchange.
Following this repurchase, Prudential Plc intends to cancel the acquired shares. This action will result in a total of 2,572,250,983 shares remaining in issue, which will also represent the total number of voting rights in the company. This figure is crucial for shareholders to determine their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The buy-back adheres to both London Stock Exchange Listing Rules and the Hong Kong Code on Share Buy-Backs.
Prudential Plc's board includes chair Shriti Vadera and chief executive officer Anil Wadhwani, alongside several independent non-executive directors. The company maintains dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange, with secondary listings on the Singapore Stock Exchange and the New York Stock Exchange. A full breakdown of individual trades made by Merrill Lynch International is accessible via the company’s website.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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