Prudential Plc repurchases shares, plans cancellation to reduce share count

On September 12, 2025, Prudential Plc purchased 297,182 of its ordinary shares at an average price of £10.2606 per share. The repurchases were executed through Merrill Lynch International, with the lowest price paid per share at £10.1750 and the highest at £10.3750. This action was part of an arrangement announced on July 1, 2025, and approved at the company's 2025 Annual General Meeting.

The company intends to cancel these repurchased shares. Following this transaction, Prudential Plc will have 2,568,758,295 shares in issue, with the total number of voting rights also set at 2,568,758,295. This figure is crucial for shareholders to determine their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.

These shares were repurchased as an on-exchange transaction subject to London Stock Exchange Listing Rules and as an on-market purchase under the Hong Kong Code on Share Buy-Backs. The announcement highlights Prudential Plc's commitment to managing its share capital effectively.