Prudential repurchases shares for cancellation, reduces outstanding equity

Prudential plc, listed on the Stock Exchange of Hong Kong and the London Stock Exchange, repurchased 274,502 of its ordinary shares on December 11, 2025. The transaction was executed via Merrill Lynch International at an average price of £10.8287 per share. This buy-back aligns with authority granted by shareholders at the company's 2025 Annual General Meeting.

The company intends to cancel the repurchased shares. Following this cancellation, Prudential plc will have 2,552,785,049 shares in issue, which will also represent the total number of voting rights. This figure is significant for shareholders to determine their notification requirements under the FCA's Disclosure Guidance and Transparency Rules. The shares were repurchased as an on-exchange transaction and an on-market purchase under relevant regulations.

Prudential plc provides life and health insurance and asset management across Greater China, ASEAN, India, and Africa. The company maintains dual primary listings and is a constituent of the Hang Seng Composite Index. This transaction underscores Prudential’s active capital management strategy, aiming to enhance shareholder value through share reductions.