Prudential plc (PRU, listed in Hong Kong under code 02378) reported fresh share repurchase activity that marginally trims its share base.
The insurer bought back 353,237 ordinary shares on 25 March 2026 and completed cancellation on 27 March 2026. This reduced the issued share capital by 0.013968 percent, bringing outstanding shares down to 2.53 billion.
Two further tranches—383,720 shares on 26 March and 379,780 shares on 27 March—have been repurchased for cancellation but remain uncancelled at the reporting date. Combined, these 0.76 million shares represent an additional 0.03 percent of the current share base.
• 26 Mar: 383,720 shares at an average GBP 10.6799 • 27 Mar: 379,780 shares on the London Stock Exchange at prices between GBP 10.375 and GBP 10.675, costing GBP 3.96 million in total.
Under the buyback mandate granted on 14 May 2025, PRU is authorised to repurchase up to 262.67 million shares. Cumulative repurchases now stand at 78.72 million shares, equivalent to 3.02 percent of the issued shares when the mandate was approved.
Following the latest transactions, PRU is subject to a moratorium on issuing new shares or transferring treasury shares until 26 April 2026.
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