LSE:PRU News 10 January 2026 - 5 February 2026

Prudential plc bought back 265,056 shares on Feb. 3 at an average £12.117 each, following a 317,142-share buyback the previous day. Shares rose 0.3% to 1,224 pence after the insurer confirmed the repurchases, part of a $1.2 billion buyback plan. UBS raised its price target to 1,400 pence, keeping a “buy” rating. Full-year results are due March 19.

Prudential shares closed down 1.88% at 1,150 pence Friday after the insurer agreed to raise its stake in its Malaysia life unit to 70% for about $375 million. The company also bought back 322,055 shares as part of its ongoing $1.2 billion buyback program. The FTSE 100 slipped 0.07% on the day.

Prudential shares edged down 0.5 pence to 1,182 pence in early London trading Monday, with U.S. markets closed for Martin Luther King Jr. Day. Investors tracked updates on the insurer’s $1.2 billion buyback program, which began this month and runs through 2026. The next major update is full-year 2025 results, due March 19.

JPMorgan raised its price target for Prudential to 1,500p and kept an overweight rating after the insurer began a $1.2 billion share buyback. Prudential closed Friday at 1,160.5p in London and reported buying 331,277 shares for cancellation. The company now has 2,547,238,783 shares outstanding. The buyback is scheduled to run through December 2026.

London, Jan 10, 2026, 09:09 GMT — Market closed Prudential plc announced on Friday that it repurchased 331,277 shares at an average price of 1,160.85 pence as part of its ongoing buyback program. The insurer confirmed it will cancel these shares, reducing the total shares outstanding to 2,547,238,783. Buybacks, where a company repurchases and cancels its own shares, reduce the share count and can boost earnings per share. Prudential announced a programme of up to $1.2 billion — roughly 3% of issued share capital as of the Jan. 5 close. This breaks down into $500 million of recurring capital returns