[6-K] PRUDENTIAL PLC Current Report (Foreign Issuer)
Prudential plc announced a purchase of 289,061 ordinary shares of 5 pence each from Merrill Lynch International on 16 September 2025 under the authority approved at its 2025 Annual General Meeting and the arrangement announced 1 July 2025. The shares were repurchased on-exchange under LSE Listing Rules and as an on-market purchase for Hong Kong share buy-back rules. The company intends to cancel the repurchased shares, leaving 2,568,198,187 shares in issue and the same number of total voting rights, a figure shareholders can use to assess notification thresholds under FCA rules. A full trade breakdown by Merrill Lynch International is available via the provided RNS link.
- Repurchase executed: 289,061 ordinary shares were purchased on 16 September 2025 from Merrill Lynch International.
- Cancellation planned: The company intends to cancel the repurchased shares, reducing the issued share count to 2,568,198,187.
- Regulatory compliance: Transaction executed on-exchange under LSE Listing Rules and treated as an on-market buy-back for Hong Kong rules.
- Transparent disclosure: A full breakdown of individual trades is available via the RNS link provided.
- None.
Insights
TL;DR Routine on-market buyback of 289,061 shares; shares to be cancelled, modestly reducing share count.
The repurchase of 289,061 ordinary shares is a straightforward execution under previously authorized authority and the arrangement with Merrill Lynch International. The company states the intent to cancel the shares, which will reduce the issued share capital to 2,568,198,187 ordinary shares and the corresponding voting rights. The transaction was executed on the London Stock Exchange as an on-exchange trade and treated as an on-market buy-back for Hong Kong rules. The announcement includes a link to a full trade breakdown filed via RNS.
TL;DR Buyback follows AGM authorisation and complies with applicable listing and market abuse rules.
The disclosure confirms the buyback was made under shareholder authority granted at the 2025 AGM and under the arrangement announced 1 July 2025. The company specifies compliance with LSE Listing Rules and the Hong Kong Code on Share Buy-Backs. Providing the post-cancellation issued share count and an RNS link to the trade breakdown aligns with regulatory transparency expectations for market participants and shareholders assessing notification thresholds.