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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.
Latest PRU News
- LONDON MARKET MIDDAY: FTSE 100 boosted by energy stocks as oil rises
3 Nov 2025 - LONDON BROKER RATINGS: UBS starts Drax with 'sell'; WPP targets cut
31 Oct 2025 - LONDON BROKER RATINGS: UBS cuts Ibstock; Deutsche Bank says 'buy' PHP
30 Oct 2025 - Prudential firmly on track to meet guidance after strong third quarter
30 Oct 2025 - Prudential posts another quarter of double-digit growth
30 Oct 2025 - LONDON MARKET MIDDAY: FTSE rises as trade hopes lift sentiment
20 Oct 2025 - LONDON MARKET MIDDAY: Banks tumble as US credit fears rattle markets
17 Oct 2025 - LONDON MARKET OPEN: Stocks slump on US credit worries
17 Oct 2025
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