[6-K] PRUDENTIAL PLC ADS (REP 2 ORD SHARES) Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Prudential plc announced an on-exchange repurchase of 291,116 ordinary shares of 5 pence each purchased from Merrill Lynch International on 01 September 2025. The reported trade prices for the aggregated transaction show a lowest price of A39.8360, highest price of A39.9140 and a volume-weighted average price of A39.8788 per share.
The Company intends to cancel the repurchased shares. After this purchase the Company reports 2,571,333,270 shares in issue and the same number of total voting rights, which shareholders may use as the denominator for disclosure under the FCA E2 80 99s Transparency Rules. The repurchase was carried out as an on-exchange transaction subject to the London Stock Exchange Listing Rules and qualifies as an on-market purchase under the Hong Kong Code on Share Buy-Backs.
Positive
- Cancellation intent stated, meaning the repurchased shares will be removed from issued share capital
- Regulatory compliance noted: transaction conducted under LSE Listing Rules and qualifies under the Hong Kong Code on Share Buy-Backs
- Transparency provided with post-transaction shares in issue and voting rights (2,571,333,270)
Negative
- None.
Insights
TL;DR: A small, routine on-market buyback with cancellation, reducing shares outstanding and confirming post-cancellation voting rights.
The announcement documents a single-day repurchase of 291,116 ordinary shares executed via Merrill Lynch International and intended for cancellation. The disclosure provides price metrics (lowest A39.8360, highest A39.9140, VWAP A39.8788) and confirms compliance with London Stock Exchange and Hong Kong buy-back rules. The company explicitly restates the updated shares in issue and voting rights (2,571,333,270), which preserves transparency for shareholder notification thresholds. The size of the tranche relative to total shares is not stated as material in the filing.
TL;DR: Execution details and regulatory compliance are provided; trade-level breakdown is posted separately per MAR requirements.
The filing indicates the repurchase was arranged with Merrill Lynch International and that a full breakdown of individual trades is available via the provided link, satisfying Article 5(1)(b) of MAR. The purchase is described as on-exchange and on-market for Hong Kong purposes, clarifying market execution venue and regulatory treatment. The company confirms cancellation intent and updated share/voting counts for market transparency.