Prudential plc announces share repurchase and cancellation program

Prudential plc announced on October 31, 2025, a transaction involving the repurchase and intended cancellation of 268,455 of its ordinary shares of £0.05 each. The shares were purchased on October 30, 2025, through Merrill Lynch International on the London Stock Exchange. The average price paid per share was £10.6239, with a highest price of £10.7400 and a lowest price of £10.4600. The total aggregate price paid for these shares was £2,852,040.57.

These repurchased shares will be cancelled, reducing the total number of issued shares (excluding treasury shares) from 2,562,021,615 to 2,561,738,765. The repurchase activity falls under the authority granted by shareholders at the company's 2025 annual general meeting. Following this transaction, Prudential plc will have 2,561,186,475 shares in issue.

As of the disclosure date, the total number of shares authorized for repurchase under the mandate is 262,668,701, with 45,248,402 shares repurchased on exchanges to date, representing 1.737263% of issued shares at the resolution date. A moratorium period for new share issues or transfers of treasury shares extends up to November 29, 2025.