My Market Wizard

PRUDENTIAL PLC 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Prudential Public Limited Compa

Filing date:

03/14/2025

TLDR:

Prudential plc announces the purchase of 260,000 of its own ordinary shares on the London Stock Exchange.

ELI5:

Prudential, a large insurance company, bought back some of its own shares to reduce the number of shares available, which can sometimes increase the value of the remaining shares.

Accession #:

0001654954-25-002753

Published on

Analyst Summary

  • Prudential plc purchased 260,000 ordinary shares through Barclay Securities Limited on the London Stock Exchange.
  • The share repurchase was executed according to the authorization granted at the 2024 Annual General Meeting and the agreement announced on December 5, 2024.
  • The lowest price paid per share was GBP 7.4100, the highest was GBP 7.5020, and the average price was GBP 7.4531.
  • The company intends to cancel the purchased shares, resulting in a total of 2,627,187,013 shares in issue with corresponding voting rights.
  • The transaction complied with the rules of the London Stock Exchange and the Hong Kong Code on Share Buy-backs.
  • Detailed information on individual trades is available via a provided link.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️