Prudential repurchases shares for cancellation, reducing outstanding stock

Prudential plc repurchased 281,843 of its ordinary shares of 5 pence each from Merrill Lynch International on October 6, 2025. The shares were acquired at an average price of £10.3111, with the lowest price paid at £10.1400 and the highest at £10.3750. This transaction was executed in accordance with authority granted by shareholders at the company's 2025 annual general meeting.

The company intends to cancel these repurchased shares. Following the cancellation, Prudential plc will have 2,564,198,983 shares in issue, which will also represent the total number of voting rights in the company. This figure is important for shareholders in determining notification requirements under FCA's Disclosure Guidance and Transparency Rules.

This transaction for the London Stock Exchange and Hong Kong Code on Share Buy-Backs marks a strategic financial maneuver by Prudential. The company provides life and health insurance and asset management across Greater China, ASEAN, India, and Africa, and holds dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange.