Prudential plc Announces Completion of USD 2 Billion Share Buyback Programme

Key Highlights for Investors

• Completion of Major Buyback: Prudential plc has confirmed the successful completion of its USD 2 billion share buyback programme, with the third and final tranche of USD 500 million concluded as of 24 December 2025.
• Substantial Capital Return: The company repurchased a total of 36,881,649 ordinary shares in the latest tranche at a volume weighted average price of 1,012.7 pence per share, amounting to approximately £373.5 million (USD 0.5 billion).
• Aggregate Effect: Across all tranches in 2025, Prudential has returned USD 1.3 billion to shareholders, and share buybacks in the year have led to a reduction of 120 million shares in issued share capital, representing roughly 4.5% of the company’s total shares outstanding at the start of the year.
• Future Buybacks: The company has signaled its intention to continue returning capital to shareholders, with plans for a further buyback programme to commence in early 2026. Details will be announced in due course.

Important Information for Shareholders

• Share Capital Reduction: The buyback programme results in a significant reduction of share capital (4.5%), enhancing the per share value for remaining shareholders and potentially supporting share price appreciation through earnings accretion and improved return metrics.
• Price Sensitivity: Completion of such a large-scale buyback may be viewed positively by the market, as it signals management’s confidence in the company’s future prospects and its commitment to shareholder returns. This may be a price-sensitive event.
• Ongoing Capital Management: Investors should note that further buybacks are anticipated early in 2026, which could continue to support the share price and improve capital efficiency.
• Listings and Accessibility: Prudential maintains dual primary listings in Hong Kong (HKEX: 2378) and London (LSE: PRU), as well as secondary listings in Singapore (SGX: K6S) and New York (NYSE: PUK, ADR form). The shares are also included in major trading schemes such as the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programmes, increasing liquidity and access for global investors.
• Clarification on Corporate Identity: Prudential plc is not affiliated with Prudential Financial, Inc. of the US, nor with The Prudential Assurance Company Limited, which is a subsidiary of M&G plc, UK.

Company Overview

Prudential plc provides life and health insurance and asset management services across Greater China, ASEAN, India, and Africa. The company’s mission is to be the most trusted partner for financial and health solutions for current and future generations. Its broad regional footprint and multi-jurisdictional listings offer robust investor access and growth potential.

Contacts for Investors and Media

Media Contacts:
Simon Kutner (UK): +44 7581 023260
Sonia Tsang (HK): +852 5580 7525
Ming Hau (UK): +44 2039 779293
Bosco Cheung (HK): +852 2918 5499
Tianjiao Yu (HK): +852 2918 5487

Investor/Analyst Contacts:
Patrick Bowes (HK): +852 2918 5468
William Elderkin (UK): +44 2039 779215

For more information, visit www.prudentialplc.com

Potential Impact on Share Value

The completion of this substantial buyback programme, together with the announcement of future buybacks, is significant and may influence the company’s share price. Capital returns, reduction in share capital, and ongoing buyback intentions are frequently regarded as positive signals by the market. Investors should monitor subsequent announcements regarding the 2026 buyback for further potential price-sensitive information.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult with a professional advisor before making investment decisions. The information provided herein is based on official announcements by Prudential plc and may be subject to change. Past performance and buyback activity are not necessarily indicative of future results. The author and publisher disclaim any liability for actions taken based on this article.

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