Prudential plc (NYSE: PUK) completes 252,590-share buyback on LSE
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Prudential plc has repurchased 252,590 of its ordinary shares of 5 pence each from JP Morgan Securities plc as part of its ongoing buyback arrangement. The company intends to cancel these shares, reducing its share count.
After this transaction, Prudential will have 2,525,085,529 shares
Positive
- None.
Negative
- None.
Key Figures
Shares repurchased: 252,590 shares
VWAP: £11.2279 per share
Lowest repurchase price: £11.1550 per share
+2 more
5 metrics
Shares repurchased
252,590 shares
Aggregated volume bought back on London Stock Exchange
VWAP
£11.2279 per share
Volume-weighted average repurchase price in GBP
Lowest repurchase price
£11.1550 per share
Lowest price paid in the aggregated London trade
Highest repurchase price
£11.3200 per share
Highest price paid in the aggregated London trade
Shares in issue after buyback
2,525,085,529 shares
Post-transaction total shares and voting rights
Key Terms
volume-weighted average price, on-market purchase, Market Abuse Regulation (EU) No 596/2014, American Depositary Receipts, +1 more
5 terms
volume-weighted average price financial
"Venue | Volume-weighted average price | Aggregated volume"
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.
on-market purchase financial
"as an on-market purchase for the purposes of the Hong Kong Code on Share Buy-Backs"
Market Abuse Regulation (EU) No 596/2014 regulatory
"In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014"
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.
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.
FAQ
What did Prudential plc (PUK) announce in this Form 6-K?
Prudential plc announced it repurchased 252,590 ordinary shares of 5 pence each from JP Morgan Securities plc under an existing share buyback arrangement, with the intention to cancel the repurchased shares, thereby modestly reducing the number of shares and voting rights in issue.
Where can investors find detailed trade data for Prudential plc’s buyback?
A full breakdown of individual trades executed by JP Morgan Securities plc on behalf of Prudential plc is available via a linked PDF hosted on the London Stock Exchange website, provided in the announcement, in line with Article 5(1)(b) of the Market Abuse Regulation requirements.
On which markets is Prudential plc (PUK) listed and traded?
Prudential plc has dual primary listings on the Hong Kong (HKEX: 2378) and London (LSE: PRU) exchanges, a secondary listing on Singapore (SGX: K6S), and trades on the New York Stock Exchange as American Depositary Receipts under the symbol PUK, broadening investor access.
What regions and businesses does Prudential plc (PUK) focus on?
Prudential plc focuses on providing life and health insurance and asset management services across Greater China, ASEAN, India and Africa. Its mission is to act as a trusted partner and protector by offering simple, accessible financial and health solutions tailored to these growth markets.