Prudential plc buys back 323,736 shares at £9.21 average – 6-K filing

On its Form 6-K, Prudential plc (NYSE: PUK) disclosed the repurchase of 323,736 ordinary shares on 18 Jul 2025 under the buy-back authority approved at the 2025 AGM.

Rhea-AI Filing Summary

On its Form 6-K, Prudential plc (NYSE: PUK) disclosed the repurchase of 323,736 ordinary shares on 18 Jul 2025 under the buy-back authority approved at the 2025 AGM. Shares were bought on the London Stock Exchange through Merrill Lynch International at a £9.2121 average price (low £9.1640, high £9.2680), for an estimated consideration of roughly £3.0 million. All repurchased shares will be cancelled, reducing the issued share capital and total voting rights to 2,580,565,466 shares (a 0.013% reduction).

The transaction was executed as an on-exchange purchase compliant with UK Listing Rules and the Hong Kong Code on Share Buy-Backs. No additional financial metrics, guidance or strategic updates were provided.

Positive

• Share cancellation prevents future re-issuance and marginally lifts per-share metrics.
• Regulatory compliance with UK MAR and Hong Kong Code demonstrates strong governance.

Negative

• Immaterial size: 0.013% reduction in share count delivers negligible financial impact.
• No additional financial data provided, offering limited insight into broader performance.

Insights

Equity Research Analyst

TL;DR: Tiny £3 m buyback; negligible EPS impact but signals ongoing capital-return discipline.

The cancellation of 323.7k shares trims the float by just 0.013%, so any earnings-per-share uplift will be immaterial. Still, the filing confirms management is utilising the authority granted at the AGM and has capacity to keep returning excess capital. At roughly £9.21 per share, the buy-back price sits near recent market levels and does not imply management sees deep undervaluation. Overall impact on valuation models is de minimis; I view the disclosure as neutral.

Corporate Governance Expert

TL;DR: Buyback and immediate cancellation align with shareholder-friendly capital policy.

Cancelling, rather than holding as treasury, prevents future dilution and improves transparency of the share count. Execution through a single intermediary and publication of full trade data meet MAR best-practice standards. While the scale is small, the action reinforces prudent governance and disciplined capital allocation, meriting a mildly positive view.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Prudential (PUK) shares were repurchased on 18 July 2025?

323,736 ordinary shares were bought back.

What was the average price paid per Prudential share?

The volume-weighted average price was £9.2121.

What is Prudential's share count after cancelling the repurchased shares?

Total shares in issue fall to 2,580,565,466.

Which intermediary executed the buy-back for Prudential?

The broker was Merrill Lynch International.

Does the 6-K include earnings or guidance updates?

No, the filing only covers the share repurchase transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/21/2025 - 06:23 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of July, 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

(Translation of registrant's name into English)

13/F, One International Finance Centre,

1 Harbour View Street, Central,

Hong Kong, China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover Form 20-F or Form 40-F.

Form 20-F X           Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes              No X

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82-

PRUDENTIAL PLC

Transaction in own shares

Prudential plc ("Prudential" or the "Company") announces it has purchased the following number of its ordinary shares of 5 pence each from Merrill Lynch International ("MLI") in accordance with the authority granted by shareholders at the Company's 2025 Annual General Meeting under the arrangement entered into with MLI announced on 1 July 2025.

Date of purchase:	18 July 2025
Aggregate number of ordinary shares purchased:	323,736
Lowest price paid per share:	£9.1640
Highest price paid per share:	£9.2680
Average price paid per share:	£9.2121

The Company intends to cancel the repurchased shares. Following this transaction, the Company will have 2,580,565,466 shares in issue and the total number of voting rights in the Company will be 2,580,565,466. This figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The shares were repurchased from MLI as an on-exchange transaction subject to the Listing Rules of the London Stock Exchange and as an on-market purchase for the purposes of the Hong Kong Code on Share Buy-Backs.

Schedule of Purchases

Issuer name:	Prudential plc
ISIN:	GB0007099541
Intermediary name:	Merrill Lynch International
Intermediary code:	MLILGB3LESF
Currency:	GBP

Aggregated information

Venue	Volume-weighted average price	Aggregated volume	Lowest price paid per share	Highest price paid per share
BATS	£0.0000	0	£0.0000	£0.0000
CHI-X	£0.0000	0	£0.0000	£0.0000
London Stock Exchange	£9.2121	323,736	£9.1640	£9.2680
Turquoise	£0.0000	0	£0.0000	£0.0000
Aquis	£0.0000	0	£0.0000	£0.0000

Disaggregated information

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades made by MLI on behalf of the Company is available via the link below.

http://www.rns-pdf.londonstockexchange.com/rns/7490R_1-2025-7-18.pdf

This announcement will also be available on Prudential's website at: LSE - Prudential plc

Additional information

About Prudential plc

Prudential provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme. 

Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

www.prudentialplc.com

Contact

Media			Investors/analysts
Simon Kutner	+44 7581 023260		Patrick Bowes	+852 2918 5468
Sonia Tsang	+852 5580 7525		William Elderkin	+44 20 3977 9215
			Ming Hau	+44 20 3977 9293
			Bosco Cheung	+852 2918 5499
			Tianjiao Yu	+852 2918 5487

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 21 July 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

By: /s/  Sylvia Edwards

Sylvia Edwards

Deputy Group Secretary