Prudential plc cancels 750k shares after 20 Jun 2025 buyback

Rhea-AI Filing Summary

Prudential plc (PUK) filed a Form 6-K disclosing a one-day share buyback executed on 20 June 2025. The company repurchased 750,000 ordinary shares (ISIN GB0007099541) through Barclays Capital Securities Limited under the authority granted at the 2025 AGM and the agreement announced on 5 December 2024.

The shares were bought across BATS, Chi-X, the London Stock Exchange, Turquoise and Aquis at a price range of £8.8900–£9.0000, producing an average cost of £8.9569. All shares will be cancelled, reducing the issued share capital and voting rights to 2,587,990,355 shares.

The transaction complied with London Stock Exchange rules, the Hong Kong Code on Share Buy-backs and Article 5(1)(b) of the UK Market Abuse Regulation. Venue-level volume-weighted prices and volumes were provided, and a full trade breakdown is available via the linked PDF. No financial performance data or forward-looking statements were included.

Insights

Equity Analyst

TL;DR: Routine 0.03% buyback; negligible valuation impact—neutral.

The 750,000-share purchase represents roughly 0.03% of Prudential’s 2.59 billion outstanding shares, making the capital return immaterial to EPS or book value. Pricing stayed within a narrow £0.11 band, suggesting an orderly execution rather than opportunistic timing. Cancellation marginally improves per-share metrics, yet scale is too small to affect intrinsic value or capital ratios. Overall, the filing is informational and does not alter the investment thesis.

Corporate Governance Specialist

TL;DR: Buyback executed within AGM mandate and MAR rules; governance neutral.

The disclosure confirms adherence to shareholder authority, LSE rulebook and UK MAR requirements, with clear venue-level transparency and a public link to trade-by-trade data. Cancellation avoids treasury-share complexities and signals standard capital management practice. There are no red-flags regarding insider dealings or regulatory breaches. Governance impact is neutral, offering routine compliance reassurance.

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: 20 June 2025

          Aggregate number of ordinary shares purchased: 750,000 (ISIN GB0007099541)

          Lowest price paid per share: GBP 8.8900

          Highest price paid per share: GBP 9.0000

          Average price paid per share: GBP 8.9569

The Company intends to cancel the purchased shares. Following the above transaction, the Company will have 2,587,990,355 shares in issue.

Therefore, the total number of voting rights in the Company will be 2,587,990,355 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	£8.9566	65,565	£8.8900	£8.9980
CHI-X	£8.9538	192,914	£8.8900	£8.9980
London Stock Exchange	£8.9584	364,976	£8.8920	£9.0000
Turquoise	£8.9543	75,149	£8.8920	£8.9980
Aquis	£8.9627	51,396	£8.8920	£9.0000

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 the Barclays on behalf of the Company is available via the link below.

http://www.rns-pdf.londonstockexchange.com/rns/8539N_1-2025-6-20.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: 23 June 2025

PRUDENTIAL PUBLIC LIMITED COMPANY

By: /s/  Sylvia Edwards

Sylvia Edwards

Deputy Group Secretary

FAQ

How many Prudential (PUK) shares were repurchased on 20 June 2025?

The company bought 750,000 ordinary shares on that date.

What was the average price paid per share in the Prudential buyback?

The volume-weighted average price was £8.9569.

What is Prudential plc’s new total share count after the cancellation?

Shares in issue will fall to 2,587,990,355.

Which intermediary executed the share buyback for Prudential plc?

The repurchase was executed by Barclays Capital Securities Limited.

Where can investors access the full breakdown of individual trades?

A detailed PDF is available at http://www.rns-pdf.londonstockexchange.com/rns/8539N_1-2025-6-20.pdf.