Prudential repurchases shares for cancellation

Prudential plc executed a share repurchase on December 22, 2025, acquiring 350,000 of its ordinary shares from Merrill Lynch International. The shares were purchased at an average price of £11.4729 per share, with the lowest price recorded at £11.4200 and the highest at £11.5100. 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 this cancellation, Prudential plc will have 2,548,289,426 shares in issue, representing the total number of voting rights. This figure is critical for shareholders to determine their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The repurchase was an on-exchange transaction subject to the Listing Rules of the London Stock Exchange and an on-market purchase under the Hong Kong Code on Share Buy-Backs.

Prudential plc, incorporated and registered in England and Wales, 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. The company operates in 24 markets across Asia and Africa, providing life and health insurance and asset management.