London, January 28, 2026, 09:22 GMT — Regular session
- Shares of Prudential plc inched up in London following the insurer’s announcement of an additional round of share buybacks.
- On Jan. 27, the group purchased 263,713 shares and announced plans to cancel them.
- All eyes are now on how quickly the buyback will progress and the upcoming financial results scheduled for March.
Prudential plc’s shares climbed 0.6% to 1,188.5 pence Wednesday following the insurer’s announcement of additional share buybacks completed the previous day. (Investing)
The company has been deploying cash in the market nearly every day, maintaining a steady pace just as investors scrutinize balance sheets with the same intensity as sales figures.
Buybacks matter because they reduce the number of shares outstanding. That can boost earnings per share over time, even when the company’s growth slows down.
Prudential bought 263,713 ordinary shares on Jan. 27 via JP Morgan Securities, paying between 11.775 pounds and 11.970 pounds per share. The firm said the average price paid was 11.8664 pounds and plans to cancel the shares, leaving 2.543 billion shares outstanding. (Investegate)
One day before, it disclosed purchasing 301,246 shares on Jan. 26 at an average price of 11.6133 pounds, again for cancellation. (Investegate)
Prudential kicked off a $1.2 billion share buyback earlier this month, targeting a cut in issued share capital and a return of cash to shareholders. CEO Anil Wadhwani expressed satisfaction with the strategy’s progress, highlighting the “consistent delivery” of returns to investors. (Prudential plc)
The insurer offers life and health products and manages assets throughout Asia and Africa, with primary listings in London and Hong Kong.
Buybacks aren’t a foolproof defense. Should new business slow down, or markets swing sharply enough to dent fee income and capital buffers, investors will zero in on the fundamentals rather than the daily repurchase announcements.
Prudential plans to release its full-year 2025 results on March 18 in the UK and March 19 in Hong Kong, per its financial calendar. (Prudential plc)
