Prudential buys back shares, issues new ones in scrip dividend

Prudential plc completed a buyback of 292,389 of its ordinary shares on October 16, 2025, through an agreement with Merrill Lynch International. The shares were acquired at an average price of £10.1242 per share, with prices ranging from £10.0500 to £10.2750. The company intends to cancel these repurchased shares.

Additionally, Prudential issued 2,175,535 ordinary shares in connection with its 2025 first interim dividend scrip alternative. Following both the buyback and the scrip issue, Prudential now has 2,564,068,247 shares in issue, representing the total number of voting rights.

This transaction impacts the denominator used by shareholders to determine if they need to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules. The shares were repurchased via an on-exchange transaction on the London Stock Exchange and as an on-market purchase under the Hong Kong Code on Share Buy-Backs.