Prudential completes share buyback, plans cancellation

Prudential plc has repurchased 275,076 of its ordinary shares on November 20, 2025, from Merrill Lynch International. The shares were bought at an average price of £10.5196, with the lowest price paid being £10.4450 and the highest £10.5650. This transaction was conducted in accordance with the 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 2,556,933,053 shares in issue, with an equivalent 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 London Stock Exchange listing rules and an on-market purchase under the Hong Kong Code on Share Buy-Backs.