Prudential (NYSE: PUK) repurchases 488,861 shares and plans cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Prudential plc repurchased 488,861 ordinary shares of 5 pence each on 30 April 2026 from JP Morgan Securities plc at an average price of £10.9289, with prices ranging between £10.8000 and £11.0650.
The company intends to cancel these shares. After this transaction, Prudential will have 2,520,118,359 shares in issue, which is also the total number of voting rights. The purchases were executed mainly on the London Stock Exchange under applicable UK and Hong Kong rules.
Positive
- None.
Negative
- None.
Key Figures
Shares repurchased: 488,861 shares
Average repurchase price: £10.9289 per share
Lowest repurchase price: £10.8000 per share
+3 more
6 metrics
Shares repurchased
488,861 shares
Ordinary shares of 5 pence each bought on 30 April 2026
Average repurchase price
£10.9289 per share
Average price paid for 488,861 shares
Lowest repurchase price
£10.8000 per share
Lowest price paid on 30 April 2026
Highest repurchase price
£11.0650 per share
Highest price paid on 30 April 2026
Shares in issue after buyback
2,520,118,359 shares
Total shares and voting rights after cancellation
VWAP on London Stock Exchange
£10.9289
Volume-weighted average price for 488,861 shares
Key Terms
Market Abuse Regulation, Disclosure Guidance and Transparency Rules, on-market purchase, American Depositary Receipts, +1 more
5 terms
Market Abuse Regulation regulatory
"In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
Disclosure Guidance and Transparency Rules regulatory
"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.
on-market purchase financial
"as an on-market purchase for the purposes of the Hong Kong Code on Share Buy-Backs"
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.
dual primary listings financial
"The business has dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange"
FAQ
Where can investors find detailed trade data for Prudential plc’s (PUK) buyback?
A full breakdown of individual trades executed by JP Morgan Securities plc on Prudential’s behalf is available via a PDF link on the London Stock Exchange website. The announcement also notes that the information will be accessible through Prudential’s corporate website for reference.