Prudential Plc repurchases shares for £2.8m, plans cancellation

Prudential Plc has announced the repurchase of 291,720 of its ordinary shares of 5 pence each on September 4, 2025. The transaction, executed through Merrill Lynch International, was conducted at an average price of £9.7160 per share, with the lowest price paid being £9.6500 and the highest £9.7700. These shares were bought under the authority granted by shareholders at the company's 2025 annual general meeting.

The company intends to cancel all repurchased shares. Following this cancellation, the total number of ordinary shares in issue will be reduced to 2,570,436,870. This figure will also represent the total voting rights in the company, a metric shareholders can use to assess their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The repurchases were on-exchange via the London Stock Exchange, adhering to both Listing Rules and Hong Kong Share Buy-Backs regulations.

The transaction details indicate that all 291,720 shares were purchased on the London Stock Exchange at the average price of £9.7160. Prudential Plc maintains primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange, alongside secondary listings on the Singapore Exchange and the New York Stock Exchange.