Key Highlights for Investors
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No Change in Issued Shares:
The company’s issued share capital remained unchanged as of 7 January 2026, with a total of 2,548,213,779 ordinary shares outstanding and no treasury shares held.
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Significant Share Repurchase Activity:
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On 6 January 2026, Prudential plc repurchased 316,603 shares (representing 0.012425% of issued shares) at a volume-weighted average price of GBP 11.9948 per share.
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On 7 January 2026, the company repurchased a further 327,116 shares (0.012837% of issued shares) at a volume-weighted average price of GBP 11.7285 per share.
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The total aggregate price paid for the 7 January 2026 repurchase was GBP 3,836,595.24.
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These repurchases were conducted on the London Stock Exchange (not on the Hong Kong Exchange).
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All repurchased shares are intended for cancellation and not for holding as treasury shares.
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Repurchase Mandate and Utilisation:
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The current share repurchase mandate was granted on 14 May 2025, authorising the company to repurchase up to 262,668,701 shares.
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To date, 58,869,979 shares (2.26% of issued shares at the time of the mandate) have been repurchased under this mandate across all exchanges.
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Moratorium Period:
Prudential plc is subject to a moratorium period and cannot issue new shares, sell, or transfer treasury shares until 6 February 2026 without Hong Kong Stock Exchange approval, in accordance with the relevant listing rules.
Implications for Shareholders
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Potential Price Impact:
The ongoing share buyback program is a price-sensitive event. Share buybacks generally signal management’s confidence in the company’s intrinsic value, often leading to a positive share price reaction. By reducing the total number of shares in issue, the company enhances earnings per share (EPS) and may support or increase the market price.
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Buyback Funding and Execution:
The repurchases were made via the London Stock Exchange at prices close to market, indicating disciplined execution and appropriate use of capital.
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No New Share Issuance:
The moratorium ensures no dilution of existing shareholders’ interests through new share issuance or sale of treasury shares for at least 30 days after the repurchase activity.
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Transparency and Regulatory Compliance:
The company confirms that all repurchases on other exchanges were conducted in full compliance with applicable domestic rules.
Additional Details
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Submitted by: Florence Ng Wai Yin, Deputy Group Secretary, Prudential plc
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No On-Market Treasury Share Sales: The company did not sell any treasury shares on the Exchange or other exchanges during the period.
Conclusion
The ongoing share buybacks by Prudential plc are a key event for investors, as they directly affect the company’s capital structure and can impact future share price performance. Investors should closely monitor further disclosures and the company’s utilisation of its repurchase mandate.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Investors should conduct their own analysis or consult with a professional advisor before making investment decisions. The information herein is based on the official disclosure by Prudential plc as of 8 January 2026.
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