Prudential reduces share count through recent buyback activity

Prudential plc announced a reduction in its issued share capital following the repurchase and cancellation of ordinary shares. On September 3, 2025, the company cancelled 291,116 ordinary shares, which were repurchased on September 1, 2025. This transaction reduced the total number of issued shares (excluding treasury shares) from 2,571,624,386 to 2,571,333,270. The repurchased shares had a volume-weighted average price of £9.8788 per share.

The company also disclosed further share repurchases for cancellation that are not yet processed. As of September 3, 2025, an additional 305,695 shares were repurchased at a volume-weighted average price of £9.6871, with these shares acquired on the London Stock Exchange on September 3, 2025. The aggregate price paid for these 305,695 shares was £2,961,299.53. These repurchases contribute to the total of 33,530,752 shares repurchased under the mandate.

The current repurchase mandate, granted on May 14, 2025, authorizes the company to repurchase up to 262,668,701 shares. The moratorium period for any new share issues or treasury share sales following these repurchases extends up to October 3, 2025.