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Prudential launches phase three of share buyback on 1 July

It is expected to be completed no later than 24 December.

Prudential plc has announced the third and final tranche of its $15.70b (US$2b) share buyback programme, amounting to $3.92b (US$500m).

The repurchase will begin on 1 July and is expected to be completed no later than 24 December.

The objective of the programme is to reduce the company’s issued share capital, return capital to shareholders, and offset potential dilution from the vesting of future share awards.

Under this tranche, Prudential will be able to purchase up to 150 million ordinary shares from its riskless principal, Merrill Lynch International. This represents approximately 1.54% of the company’s total issued share capital.


Prudential also plans to provide further updates on its capital management strategy in August 2025, when it announces its half-year results.
 

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