Financial Wire

Prudential Buys Back Shares

Prudential (HKG:2378, SGX:K6S) bought back 251,388 shares in London on Thursday at an average price of about 11.16 pounds sterling apiece, according to a Friday Hong Kong bourse filing.The insurer intends to cancel the repurchased shares.Following the transaction, the company will have about 2.53 billion shares in issue.

-- Prudential (HKG:2378, SGX:K6S) bought back 251,388 shares in London on Thursday at an average price of about 11.16 pounds sterling apiece, according to a Friday Hong Kong bourse filing.

The insurer intends to cancel the repurchased shares.

Following the transaction, the company will have about 2.53 billion shares in issue.