[6-K] PRUDENTIAL PLC ADS (REP 2 ORD SHARES) Current Report (Foreign Issuer)
Prudential plc (PUK) has formally completed its share buyback programme that began on 5 December 2024. As of 26 June 2025, the company repurchased 83,175,466 ordinary shares at a volume-weighted average price of 742.6120 pence, utilising approximately £617.7 million of cash. The retired shares will decrease the public float and can improve per-share performance metrics such as EPS and dividends per share. No other financial results or operational changes were disclosed in this Form 6-K. Prudential remains focused on life and health insurance and asset management across 24 Asian and African markets and continues to trade on the Hong Kong, London, Singapore, and New York stock exchanges.
- Completed £617.7 million share buyback, retiring 83.2 million ordinary shares and potentially enhancing EPS and other per-share metrics.
- None.
Insights
TL;DR – £617.7 m buyback completion reduces share count, marginally accretive; no new financial data disclosed.
The completion of Prudential’s December 2024 buyback signals disciplined capital return. Retiring 83.2 million shares (c.3% of issued capital based on prior disclosures) should support near-term EPS growth and provide flexibility for future dividend policy. The £617.7 million outlay is well within Prudential’s cash resources and does not alter leverage metrics disclosed in prior filings. While positive, the event is incremental rather than transformational, as no guidance revision or earnings update accompanies the filing. Investors should monitor upcoming interim results for confirmation of per-share accretion and capital management strategy continuity.