Update on share buyback programme

Summary by AI BETAClose X

Prudential PLC has increased its share buyback programme from a maximum of USD 1.2 billion to USD 1.472 billion, which is equivalent to GBP 1.087 billion and HKD 11.542 billion based on the September 1, 2026 exchange rate. This expanded programme now represents approximately 4% of the company's issued share capital and is scheduled to be completed by December 18, 2026. The remaining terms of the buyback remain unchanged from the initial announcement on January 6, 2026, though there is no guarantee the programme will be fully implemented.

Disclaimer*

Prudential PLC
02 September 2026
 

 

Update on share buyback programme

 

On 6 January 2026, Prudential plc (the "Company") announced the commencement of a buyback programme of its ordinary shares up to a maximum aggregate amount of USD 1.2 billion (the "Programme") to be completed by no later than 18 December 2026.

 

As announced in its 2026 Half Year Results on 27 August 2026, the Company has amended the agreement entered into with J.P. Morgan Securities plc ("JPM") to increase the aggregate maximum amount allocated to the Programme from USD 1.2 billion to USD 1.472 billion (exclusive of associated fees, expenses and stamp duty) (equivalent to GBP 1.087 billion and HKD 11.542 billion, in each case based on the exchange rate at market close in London on 1 September 2026), with the Programme in aggregate now representing approximately 4% of the Company's issued share capital at the closing share price on 1 September 2026.

 

The remaining terms and parameters of the Programme otherwise remain as set out in the announcement on 6 January 2026.

 

There is no guarantee that the Programme will be implemented in full.

 

Contact

Media

 

 

Investors/analysts


Sonia Tsang

+852 5580 7525

HK

Patrick Bowes

+852 2918 5468 

HK

Janice Wong

+852 6188 6381

HK

William Elderkin

+44 2039 779215 

UK

 

 


Ming Hau

+44 2039 779293

UK

 

 


Bosco Cheung

+852 2918 5499

HK

 

 

 


Tianjiao Yu

+852 2918 5487

HK

About Prudential plc

 

Prudential provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.

 

Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

 

www.prudentialplc.com/

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