[6-K] PRUDENTIAL PLC Current Report (Foreign Issuer)
Prudential plc announced a share buyback executed on 24 September 2025 under the authority granted at its 2025 Annual General Meeting and the sale arrangement with Merrill Lynch International. The Company repurchased 279,246 ordinary shares of 5 pence each from Merrill Lynch International as an on-exchange transaction on the London Stock Exchange and as an on-market purchase for Hong Kong code purposes. Prudential intends to cancel the repurchased shares, leaving 2,566,495,536 shares in issue and the same number of voting rights, which shareholders can use as the denominator for disclosure thresholds. A full breakdown of underlying trades executed by Merrill Lynch is available via the provided RNS link.
- Repurchase executed under shareholder-authorized authority, demonstrating use of AGM-approved buyback powers
- Company intends to cancel the repurchased shares, reducing the number of shares in issue and voting rights accordingly
- Full trade breakdown provided via RNS link to satisfy transparency and Market Abuse Regulation disclosure requirements
- None.
Insights
TL;DR: Small, routine buyback reduces share count modestly and reflects authorized share repurchase activity.
The repurchase of 279,246 shares is a routine execution under previously authorized buyback arrangements with Merrill Lynch International. The transaction was completed on the London Stock Exchange and will result in cancellation of the shares, reducing the issued share capital to 2,566,495,536 shares. This announcement provides transparency on trade execution and the updated share count for regulatory disclosure purposes. There are no earnings, debt, or balance sheet metrics disclosed in this notice to assess immediate financial impact.
TL;DR: Corporate action aligns with shareholder-authorized authority and includes disclosure required by listing and market abuse rules.
The statement confirms the buyback was executed under AGM authority and an arrangement with Merrill Lynch International, with appropriate disclosure under the Market Abuse Regulation and listing rules. The company has stated its intention to cancel the repurchased shares and provided the updated issued share total for transparency in shareholder notification thresholds. The filing includes a link to a full trade breakdown, meeting standard governance and market disclosure expectations for on-market repurchases.