PUK completes July 7 share repurchase, trims stock to 2.58 bn

Rhea-AI Filing Summary

Prudential plc (PUK) filed a Form 6-K confirming the on-market repurchase of 326,675 ordinary shares (5 p nominal) on 7 July 2025 under the authority granted at the 2025 AGM. Merrill Lynch International executed the trade on the London Stock Exchange at an average price of £9.0034, with a low of £8.9580 and a high of £9.0380. The Company will cancel the shares, leaving 2,583,429,380 shares—and the same number of voting rights—in issue. Purchases complied with UK Listing Rules, the Hong Kong Code on Share Buy-Backs and Article 5 of MAR. A full list of individual trades is available via the linked RNS-PDF.

Positive

• Capital return: Continuation of the buyback programme demonstrates management’s commitment to shareholder returns.
• Share cancellation reduces outstanding shares and marginally enhances per-share metrics.

Negative

• Immaterial scale: The repurchase equals only about 0.013% of shares outstanding, limiting financial impact.

Insights

Financial Analyst

TL;DR: Tiny 0.01% buyback; negligible EPS effect but shows ongoing capital-return discipline.

The 326,675-share purchase represents roughly 0.013% of Prudential’s 2.58 bn shares, implying an immaterial impact on earnings per share or capital position. Nevertheless, continued execution of the July 2025 mandate signals management’s willingness to return excess capital and may provide marginal support to the stock around the £9.00 level. Volume-weighted pricing fits within recent market ranges, suggesting the programme is being conducted opportunistically without aggressive premium. Overall, the disclosure is routine and does not alter the investment thesis.

Corporate Governance Expert

TL;DR: Buyback executed within regulatory frameworks; transparent disclosure, low governance risk.

Prudential’s filing satisfies London, Hong Kong and MAR requirements, offering clear data on share count changes, voting rights and trade execution. Cancelation of shares eliminates treasury-stock ambiguity and simplifies future capital calculations. The detailed RNS link and post-transaction denominator help investors meet FCA DTR thresholds. Because the repurchase size is minimal, there is no material concentration risk or concern about market manipulation. Governance perspective: neutral impact, strong compliance.

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:	07 July 2025
Aggregate number of ordinary shares purchased:	326,675
Lowest price paid per share:	£8.9580
Highest price paid per share:	£9.0380
Average price paid per share:	£9.0034

The Company intends to cancel the repurchased shares. Following this transaction, the Company will have 2,583,429,380 shares in issue and the total number of voting rights in the Company will be 2,583,429,380. 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	£9.0034	326,675	£8.9580	£9.0380
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/0624Q_1-2025-7-7.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: 08 July 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

By: /s/  Sylvia Edwards

Sylvia Edwards

Deputy Group Secretary

FAQ

How many Prudential (PUK) shares were repurchased on 7 July 2025?

The company bought back 326,675 ordinary shares.

What average price did Prudential pay per share in the July 2025 buyback?

The volume-weighted average price was £9.0034.

What is Prudential plc's share count after the cancellation of the repurchased shares?

Total shares in issue will be 2,583,429,380 following cancellation.

Which broker executed Prudential's 7 July 2025 share repurchase?

Trades were executed by Merrill Lynch International.

Where can investors access the full trade breakdown for Prudential's buyback?

A detailed schedule of individual trades is available at the linked RNS-PDF (http://www.rns-pdf.londonstockexchange.com/rns/0624Q_1-2025-7-7.pdf).