Prudential (NYSE: PUK) issues 5.7M new scrip dividend shares
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Prudential plc will issue 5,721,904 new ordinary shares of 5 pence each under its scrip dividend alternative for the 2025 second interim dividend of 18.89 cents per share. The new shares are issued on the Hong Kong line only and require a minimum holding of 74 shares on the 27 March 2026 record date.
The new shares will rank pari passu with existing ordinary shares. Up to 345,912 of these shares are expected to be sold via a share dealing facility for UK shareholders. The Board intends to neutralise any minor dilution from the scrip issuance through on-market share buybacks on the London Stock Exchange.
Positive
- None.
Negative
- None.
Key Figures
Scrip dividend amount: 18.89 cents per ordinary share
New shares issued: 5,721,904 shares
Par value per share: 5 pence each
+4 more
7 metrics
Scrip dividend amount
18.89 cents per ordinary share
2025 second interim dividend
New shares issued
5,721,904 shares
Scrip dividend alternative for 2025 second interim dividend
Par value per share
5 pence each
Ordinary shares issued under scrip alternative
Minimum holding
74 ordinary shares
Required on 27 March 2026 record date to participate
Shares via dealing facility
Up to 345,912 shares
Expected to be sold through share dealing facility for UK shareholders
Record date
27 March 2026
Eligibility date for 2025 second interim dividend scrip
Scrip announcement date
18 March 2026
Date scrip dividend alternative was announced
Key Terms
scrip dividend alternative, Evergreen Scrip Dividend Scheme, pari passu, on-market buyback, +1 more
5 terms
scrip dividend alternative financial
"announced a scrip dividend alternative in respect of the 2025 second interim dividend"
Evergreen Scrip Dividend Scheme financial
"offered in accordance with the Evergreen Scrip Dividend Scheme Terms and Conditions"
pari passu financial
"When issued, these Shares will rank pari passu with the existing ordinary shares"
An instruction that different claims, securities, or creditors are treated equally and share rights or payments on the same priority level. For investors, it means their position will be paid or have voting power alongside others in the same class rather than being favored or subordinated—think of several people standing in one bus line who all get on together rather than some cutting ahead. That parity affects expected recovery in reorganizations, dividend order, and relative risk.
on-market buyback financial
"will be neutralised through the on-market buyback of shares on the London Stock Exchange"
American Depositary Receipts financial
"a listing on the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts"
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
FAQ
What is Prudential (PUK) announcing in this Form 6-K?
Prudential is issuing 5,721,904 new ordinary shares for a scrip dividend alternative linked to its 2025 second interim dividend. These shares are issued on the Hong Kong line and will rank pari passu with existing shares, supporting shareholders who choose stock instead of cash.
How does Prudential (PUK) scrip dividend alternative work for the 2025 second interim dividend?
Shareholders can receive new Prudential shares instead of cash for the 2025 second interim dividend of 18.89 cents per share. The scrip alternative, offered under the Evergreen Scrip Dividend Scheme, issues new ordinary shares on the Hong Kong line to eligible participants meeting the shareholding conditions.