Prudential Plc announces share buyback, plans cancellation

Prudential Plc announced a transaction involving the repurchase of 298,984 of its ordinary shares on October 3, 2025. These shares were purchased on the London Stock Exchange from Merrill Lynch International at an average price of £10.1436 per share, with the lowest price paid being £10.0850 and the highest £10.2450. The total aggregate price paid for these shares was £3,032,775.6.

The company intends to cancel these repurchased shares. Following this transaction, Prudential Plc will have 2,564,480,826 shares in issue, representing the total number of voting rights. This repurchase was conducted under the authority granted by shareholders at the 2025 Annual General Meeting, under an arrangement with MLI announced on July 1, 2025.

The repurchase represents 0.011655% of the existing number of issued shares before the event. As of October 3, 2025, the closing balance of issued shares (excluding treasury shares) is 2,565,069,188, reflecting the cancellation of 272,878 shares previously repurchased on October 1, 2025. The company's current repurchase mandate allows for a total of 262,668,701 shares, with 39,778,516 shares already repurchased on the exchange under this mandate.