STOCK TITAN

Prudential (NYSE: PUK) repurchases 30.2M shares and sets new voting rights base

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Prudential plc reports ongoing share repurchases under its 2026 buy-back programme. Between 11 and 15 May 2026, the company bought back 1.28 million ordinary shares of 5 pence each on the London Stock Exchange at prices between £11.1400 and £11.6750 per share, with daily volume‑weighted average prices around £11.24–£11.61. Prudential intends to cancel all repurchased shares.

During the same week, the company issued 5,721,904 new shares via the scrip dividend alternative and 2,442 shares under employee plans. After these transactions, shares in issue and total voting rights stand at 2,523,184,026. Since the buy-back programme began on 6 January 2026, Prudential has repurchased 30,244,552 shares on the London Stock Exchange at a volume‑weighted average price of 1,121.9893p per share.

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Insights

Prudential continues a measured buy-back while offsetting dilution from new shares.

Prudential plc is steadily executing its share buy-back, repurchasing 30,244,552 shares on the London Stock Exchange at a volume‑weighted average price of 1,121.9893p per share since the programme began on 6 January 2026. The latest weekly tranche covers five trading days.

The company plans to cancel all repurchased shares, which supports per‑share metrics over time, while issuing 5,721,904 scrip dividend shares and 2,442 employee shares. Net impact on share count depends on the balance between future buy-backs and ongoing scrip and employee issuance, with 2,523,184,026 shares currently in issue.

Daily shares repurchased 11 May 2026 252,608 shares Aggregate number of shares purchased on XLON, 11 May 2026
Daily VWAP 11 May 2026 £11.3811 per share Volume-weighted average repurchase price on 11 May 2026
Daily shares repurchased 15 May 2026 257,433 shares Aggregate number of shares purchased on XLON, 15 May 2026
Price range for weekly buy-backs £11.1400–£11.6750 per share Lowest and highest repurchase prices 11–15 May 2026
Shares issued via scrip dividend 5,721,904 shares New shares allotted in scrip dividend alternative during the week
Shares issued via employee plans 2,442 shares New shares allotted under employee share plans during the week
Shares in issue after transactions 2,523,184,026 shares Total shares in issue and voting rights after buy-backs and allotments
Cumulative buy-back volume 30,244,552 shares Ordinary shares repurchased on LSE since 6 January 2026
Cumulative buy-back VWAP 1,121.9893p per share Volume-weighted average price since start of buy-back programme
share buy-back programme financial
"Since the commencement of the share buy-back programme announced on 6 January 2026"
A share buy-back programme is when a company purchases its own shares from the market. This reduces the total number of shares available, which can increase the value of remaining shares and signal confidence in the company's future. For investors, it can be a sign that the company believes its stock is undervalued and may lead to higher share prices.
volume-weighted average price financial
"at a volume weighted average price of 1,121.9893p per ordinary share"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
scrip dividend alternative financial
"allotted 5,721,904 in connection with the scrip dividend alternative"
Market Abuse Regulation (EU) No 596/2014 regulatory
"In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014"
Disclosure Guidance and Transparency Rules regulatory
"to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules"
Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.

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 May, 2026
 
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 JP Morgan Securities plc (''JPM'') in accordance with the authority granted by shareholders at the Company's 2025 Annual General Meeting under the arrangement entered into with JPM announced on 6 January 2026.
 
Date
Trading Venue
Aggregate number of shares purchased
Lowest price per share
Highest price per share
Volume-weighted average price
11 May 2026
XLON
252,608
11.2800
11.4250
11.3811
12 May 2026
XLON
250,931
11.1400
11.3550
11.2383
13 May 2026
XLON
257,617
11.4000
11.5700
11.4721
14 May 2026
XLON
257,846
11.5350
11.6750
11.6115
15 May 2026
XLON
257,433
11.3100
11.5450
11.4063
 
The Company intends to cancel the repurchased shares. During the week, the Company also allotted 5,721,904 in connection with the scrip dividend alternative and 2,442 in connection with employee share plans. Following these transactions, the Company will have 2,523,184,026 shares in issue and the total number of voting rights in the Company will be 2,523,184,026. 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 JPM 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.
 
Issuer name: Prudential plc
ISIN: GB0007099541
Intermediary name: JP Morgan Securities plc
Intermediary code: JPMSGB2L
Currency: GBP
 
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 JPM on behalf of the Company is available via the link below.
 
http://www.rns-pdf.londonstockexchange.com/rns/6079E_1-2026-5-15.pdf
 
This announcement will also be available on Prudential's website at: LSE - Prudential plc
 
Since the commencement of the share buy-back programme announced on 6 January 2026, The Company has purchased 30,244,552 ordinary shares on the London Stock Exchange in aggregate at a volume weighted average price of 1,121.9893p per ordinary share.
 
Additional information
 
About Prudential plc
 
Prudential provides life and health insurance and asset management in Greater China, ASEAN, India 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 (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: 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 UK
Patrick Bowes
+852 2918 5468 HK
Sonia Tsang
+852 5580 7525 HK
William Elderkin
+44 20 3977 9215 UK
 
 
Ming Hau
+44 20 3977 9293 UK
 
 
Bosco Cheung
+852 2918 5499 HK
 
 
Tianjiao Yu
+852 2918 5487 HK

 
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: 18 May 2026
 
 
PRUDENTIAL PUBLIC LIMITED COMPANY
 
 
 
By: /s/ Thomas S Clarkson
 
 
 
Thomas S Clarkson
 
Company Secretary

FAQ

How many Prudential (PUK) shares were repurchased in mid-May 2026?

Prudential repurchased 252,608–257,846 shares per day from 11–15 May 2026. Purchases were made on the London Stock Exchange at prices between £11.1400 and £11.6750 per share, with volume‑weighted average prices around £11.24–£11.61.

What is the total size of Prudential’s 2026 share buy-back so far?

Since 6 January 2026, Prudential has repurchased 30,244,552 ordinary shares on the London Stock Exchange. The aggregate volume‑weighted average purchase price is 1,121.9893p per share, reflecting the ongoing execution of its announced share buy-back programme over multiple trading days.

What will Prudential (PUK) do with the repurchased shares?

Prudential intends to cancel all shares it repurchases under this programme. Cancelling repurchased shares reduces the number of shares in issue, which can support per‑share figures such as earnings per share, assuming other factors remain unchanged over time.

How many Prudential shares are currently in issue and carry voting rights?

After the latest buy-backs and share allotments, Prudential has 2,523,184,026 shares in issue. The total number of voting rights is also 2,523,184,026, providing the denominator shareholders use for UK disclosure and transparency threshold calculations.

How many new Prudential (PUK) shares were issued for the scrip dividend?

Prudential allotted 5,721,904 new shares in connection with its scrip dividend alternative. It also issued 2,442 additional shares under employee share plans during the week, partially offsetting the share count reduction from the buy-back programme.

Which intermediary handled Prudential’s May 2026 share repurchases?

JP Morgan Securities plc executed the repurchases on Prudential’s behalf. The trades were conducted as on-exchange transactions under London Stock Exchange Listing Rules and treated as on-market purchases for the purposes of the Hong Kong Code on Share Buy-Backs.