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IN BRIEF: Prudential completes share buyback to cover scrip dividends
Prudential PLC - London-based insurer focused on Asia and Africa - Completes share buyback worth GBP24.6 million that was launched to neutralise scrip dividend share issuance. Scrip dividends are paid in shares rather than cash as a tax efficiency option for shareholders. Prudential says 2.2 million shares were repurchased at an average price of 1,118.28 pence each in the programme, which began on Monday last week and was completed on Friday. Prudential's main share buyback, a GBP2 billion programme first announced in June 2024, continues.
Current stock price: 1,144.25 pence
12-month change: up 81%
By Tom Waite, Alliance News editor
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved.
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