Prudential plc cancels shares following recent buyback activity

Prudential plc has announced the cancellation of 284,576 ordinary shares following a recent share repurchase, reducing its total issued shares to 2,569,055,477. This follows a repurchase initiated on September 11, 2025, with the cancellation finalized on September 15, 2025. The repurchase price per share for these shares was £10.3275.

In a separate transaction also on September 15, 2025, Prudential plc repurchased an additional 271,047 ordinary shares through Merrill Lynch International on the London Stock Exchange. These shares, with an average price of £10.3480 (lowest £10.2200, highest £10.4000), are also intended for cancellation. The aggregate price paid for this repurchase amounted to £2,804,795.86.

As a result of this latest transaction, the company's total voting rights will be 2,568,487,248. The repurchase activity is conducted under the authority granted by shareholders at the 2025 annual general meeting. Prudential plc's share repurchase mandate, granted on May 14, 2025, authorizes the repurchase of up to 262,668,701 shares, with 35,772,094 shares repurchased on exchanges to date, representing 1.373431% of issued shares at the mandate date.