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[6-K] PRUDENTIAL PLC ADS (REP 2 ORD SHARES) Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Prudential plc (PUK) filed a Form 6-K disclosing an on-market share repurchase carried out on 19 June 2025.

The company bought 800,000 ordinary shares (ISIN GB0007099541) through Barclays Capital Securities at prices between £8.7540 and £8.9220, with a volume-weighted average of £8.8560. All shares will be cancelled, reducing the outstanding share count and voting rights denominator to 2,588,740,355. The transactions were executed across BATS, CHI-X, London Stock Exchange, Turquoise and Aquis under the authority granted at the 2025 AGM and in line with UK and Hong Kong buy-back regulations.

Positive
  • Share buyback signals management’s commitment to returning capital under the 2025 AGM authority.
  • Cancellation of shares modestly reduces share count, slightly accreting per-share metrics.
Negative
  • Size of repurchase is immaterial at approximately 0.03% of shares outstanding.
  • Lack of disclosure on remaining authorisation limits visibility into future capital allocation.

Insights

TL;DR: 800k-share buyback at £8.86 average cancels 0.03% of stock; capital return signal but quantitatively minor.

The announced repurchase represents roughly 0.03% of Prudential’s 2.59 billion shares, so the effect on EPS and book value per share will be immaterial. Nevertheless, executing the programme confirms management’s willingness to deploy excess capital toward shareholder returns within the authority granted at the 2025 AGM. No information is provided on the remaining capacity or total size of the buy-back mandate, limiting insight into future capital deployment. Overall impact is neutral from a valuation perspective.

TL;DR: Routine buyback affirms liquidity management; too small to shift portfolio weightings.

At just under £7.1 million in consideration, today’s purchase is a drop relative to Prudential’s £23 billion market cap and does not materially alter free float. The cancellation modestly improves per-share metrics and signals confidence, but the scale does not warrant portfolio rebalancing. Investors should monitor for cumulative buybacks and corresponding capital headroom, yet this single transaction is not impactful for strategic positioning.

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 June, 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 (the "Company") announces today it has purchased the following number of its ordinary shares of 5 pence each through Barclays Capital Securities Limited ("Barclays") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's 2025 Annual General Meeting ("AGM"), in accordance with the agreement entered into with Barclays, as announced on 5 December 2024.
 
          Date of purchase: 19 June 2025
 
          Aggregate number of ordinary shares purchased: 800,000 (ISIN GB0007099541)
 
          Lowest price paid per share: GBP 8.7540
 
          Highest price paid per share: GBP 8.9220
 
          Average price paid per share: GBP 8.8560
 
The Company intends to cancel the purchased shares. Following the above transaction, the Company will have 2,588,740,355 shares in issue.
 
Therefore, the total number of voting rights in the Company will be 2,588,740,355 and 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.
 
All shares were purchased from Barclays as an on-exchange transaction subject to the rules of the London Stock Exchange and the Hong Kong Code on Share Buy-backs.
 
Schedule of Purchases:
 
        Issuer name: Prudential plc
 
        ISIN: GB0007099541
 
        Intermediary name: Barclays Capital Securities Limited
 
        Intermediary Code: BARCGB91
 
        Currency: GBP
 
Aggregated information:
 
Venue
Volume-weighted average price
Aggregated volume
Lowest price paid per share
Highest price paid per share
BATS
£8.8489
62,350
£8.7540
£8.9220
CHI-X
£8.8556
204,906
£8.7540
£8.9220
London Stock Exchange
£8.8575
372,449
£8.7540
£8.9220
Turquoise
£8.8564
95,573
£8.7540
£8.9180
Aquis
£8.8548
64,722
£8.7540
£8.9180
 
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 the Barclays on behalf of the Company is available via the link below.
 
http://www.rns-pdf.londonstockexchange.com/rns/6609N_1-2025-6-19.pdf
 
This announcement will also be available on Prudential's website at:
 
LSE - Prudential plc
 
Additional information
 
About Prudential plc
 
Prudential plc 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.
 
https://www.prudentialplc.com/
 
Contact
 
Media
 
Investors/Analysts
 
Simon Kutner
+44 (0)7581 023260
Patrick Bowes
+852 9611 2981
Sonia Tsang
+852 5580 7525
William Elderkin
+44 (0)20 3977 9215
 
 
 
 
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: 20 June 2025
 
 
PRUDENTIAL PUBLIC LIMITED COMPANY
 
 
 
By: /s/  Thomas Clarkson
 
 
 
Thomas Clarkson
 
Group Company Secretary

FAQ

How many Prudential plc (PUK) shares were repurchased on 19 June 2025?

The company bought 800,000 ordinary shares.

What was the average price paid per Prudential share?

The volume-weighted average price was £8.8560.

What is the new total voting rights figure after the buyback?

2,588,740,355 voting rights will remain once the shares are cancelled.

Who executed the share repurchase for Prudential plc?

The buyback was conducted through Barclays Capital Securities Limited.

Why is the new share count important for investors?

It serves as the denominator for FCA Disclosure Guidance & Transparency Rule notifications regarding shareholdings.
Prudential

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