Prudential plc (NYSE: PUK) cancels 369,603 repurchased shares
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Prudential plc reported a further share buyback, purchasing 369,603 ordinary shares of 5 pence each from JP Morgan Securities plc on 7 April 2026. The volume-weighted average price paid was £10.7758, with a low of £10.6700 and a high of £10.9250.
The company intends to cancel all repurchased shares. After this transaction, Prudential will have 2,525,839,507 shares in issue, which is also the total number of voting rights shareholders can use as a reference under the FCA’s disclosure rules.
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Key Figures
Shares repurchased: 369,603 shares
Average repurchase price: £10.7758 per share
Repurchase price range: £10.6700–£10.9250 per share
+1 more
4 metrics
Shares repurchased
369,603 shares
Ordinary shares bought back on 7 April 2026
Average repurchase price
£10.7758 per share
Volume-weighted average price on London Stock Exchange
Repurchase price range
£10.6700–£10.9250 per share
Lowest and highest prices paid on 7 April 2026
Shares in issue after buyback
2,525,839,507 shares
Total shares and voting rights following cancellation
Key Terms
on-exchange transaction, on-market purchase, Disclosure Guidance and Transparency Rules, Market Abuse Regulation (EU) No 596/2014, +1 more
5 terms
on-exchange transaction financial
"The shares were repurchased from JPM as an on-exchange transaction subject to the Listing Rules"
on-market purchase financial
"and as an on-market purchase for the purposes of the Hong Kong Code on Share Buy-Backs"
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.
Market Abuse Regulation (EU) No 596/2014 regulatory
"In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014"
volume-weighted average price financial
"Volume-weighted average price | Aggregated volume | Lowest price per share"
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.
FAQ
On which venue were the Prudential plc (PUK) buyback trades executed?
The trades for the 369,603 repurchased Prudential plc shares were executed on the London Stock Exchange. They were treated as an on-exchange transaction under London Stock Exchange Listing Rules and as an on-market purchase under the Hong Kong Code on Share Buy-Backs.
Where can investors find detailed trade-level data for Prudential plc’s April 2026 buyback?
Investors can access a full breakdown of the individual trades executed by JP Morgan Securities plc via the provided London Stock Exchange PDF link. The announcement also indicates that the information will be available on Prudential plc’s website for further reference.