Prudential Announces Share Buyback and New Issuance

Prudential (GB:PRU) has released an update.

Prudential plc has repurchased 594,269 of its ordinary shares on the London Stock Exchange, as part of a strategic move authorized by shareholders. The company plans to cancel these shares while also issuing 40,000 new shares related to a scrip dividend alternative. This activity adjusts Prudential’s total number of shares, impacting shareholder voting rights.

For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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