Prudential announces share buyback and cancellation

Prudential plc, listed on the Hong Kong and London stock exchanges, has confirmed the purchase of 301,687 of its ordinary shares on 22 October 2025. The shares, bought from Merrill Lynch International, were acquired at an average price of £10.1682, with the lowest price paid per share being £10.1200 and the highest £10.1950. This transaction was executed in accordance with the authority granted by shareholders at the company's 2025 Annual General Meeting.

The company intends to cancel the repurchased shares. Following this cancellation, the total number of ordinary shares in issue will be 2,562,887,868, which will also be the total number of voting rights. This figure is crucial for shareholders to determine their notification requirements under the FCA's Disclosure Guidance and Transparency Rules. The buyback was an on-exchange transaction subject to the Listing Rules of the London Stock Exchange and an on-market purchase for Hong Kong Code purposes.

Prudential plc operates in life and health insurance and asset management across Greater China, ASEAN, India, and Africa. Its mission is to provide simple and accessible financial and health solutions. The company maintains dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange, with secondary listings on the Singapore Stock Exchange and the New York Stock Exchange.