Prudential plc Acquires Shares, Focuses on Life and Health Insurance, Asset Management.

Prudential plc, a financial services group, has repurchased shares. The company operates in two main areas: life and health insurance (96.9% of revenues), with a distribution of revenue between Hong Kong, Singapore, Malaysia, Indonesia, and other countries; and asset management (3.1%; Eastspring), with USD 258 billion of funds under management in 2024.

Prudential plc, a leading financial services group, has recently announced a significant update to its capital management program, including new share repurchases and strong first-half financial results. The company, organized around life and health insurance (96.9% of revenues) and asset management through its Eastspring division, reported double-digit growth across its key metrics, with earnings exceeding analyst estimates [2].

The company's new business profit increased by 12% to $1.26 billion, while operating free surplus generated from in-force insurance and asset management business rose by 14% to $1.56 billion [3]. Prudential plc's chief executive, Anil Wadhwani, stated, "We are pleased with our strong performance in the first half of 2025, delivering double-digit growth across our key metrics in line with the guidance we gave earlier in the year" [2].

In addition to its robust financial performance, Prudential plc has announced a new share buyback program. The company plans to repurchase $500 million of shares in 2026 and $600 million in 2027. This program, combined with the existing $2 billion share buyback program, aims to return over $5 billion to shareholders over the period 2024 to 2027 [2].

The company also increased its first interim dividend by 13% to 7.71 cents per share and pledged to increase dividends by "more than 10%" for the next three financial years. This move reflects Prudential plc's commitment to enhancing shareholder returns and validating its business model's ability to generate sustainable cash returns [2].

Prudential plc's results underscore its strategic progress and investments in growth drivers, positioning it to carry momentum into the second half of the year and beyond. The company's strong performance and capital management program are likely to attract further investor interest, particularly in the life and health insurance and asset management sectors [2].

References:
[1] https://www.tipranks.com/news/company-announcements/prudential-announces-share-repurchase-and-cancellation-17
[2] https://www.ainvest.com/news/prudential-plc-acquires-shares-boosts-life-health-insurance-business-2508/
[3] https://www.prudentialplc.com/en/news-and-insights/all-news/news-releases/2025/27-08-2025