Prudential plc (NYSE: PUK) executes share buyback and cancels repurchased stock
Rhea-AI Filing Summary
Prudential plc repurchased 268,395 of its ordinary shares of 5 pence each on 5 December 2025 from Merrill Lynch International, paying between £10.7900 and £11.0000 per share at an average price of £10.8645. The company intends to cancel these shares, after which it will have 2,553,877,299 shares in issue, which will also represent the total number of voting rights. These shares were bought as on-exchange transactions on the London Stock Exchange under an arrangement approved at the 2025 Annual General Meeting and announced on 1 July 2025.
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FAQ
What did Prudential plc (PUK) announce in this Form 6-K filing?
Prudential plc announced that it purchased 268,395 of its ordinary shares of 5 pence each from Merrill Lynch International on 5 December 2025 and intends to cancel the repurchased shares.
At what prices did Prudential plc (PUK) repurchase its shares?
The repurchased shares were bought at prices ranging from a lowest price of £10.7900 per share to a highest price of £11.0000 per share, with a volume-weighted average price of £10.8645 on the London Stock Exchange.
How many Prudential plc (PUK) shares will be in issue after this buyback?
After cancelling the 268,395 repurchased shares, Prudential plc will have 2,553,877,299 shares in issue, which will also be the total number of voting rights in the company.
Why is the new total of voting rights important for Prudential plc (PUK) shareholders?
The total of 2,553,877,299 voting rights can be used by shareholders as the denominator when determining whether they must notify their interest, or any change in their interest, under the FCA's Disclosure Guidance and Transparency Rules.
On which venues were Prudential plc (PUK) shares repurchased in this transaction?
The aggregated trading data show that the buyback volume of 268,395 shares, with a venue volume-weighted average price of £10.8645, took place on the London Stock Exchange, with zero volume reported on BATS, CHI-X, Turquoise and Aquis for this transaction.
Where is Prudential plc (PUK) listed and what regions does it serve?
Prudential plc provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. It has dual primary listings on the Stock Exchange of Hong Kong (HKEX: 2378) and the London Stock Exchange (LSE: PRU), 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.