In its results for the 1HFY2024 ended June 30, 2024, announced on Aug 27, 2024, Prudential announced that it will conduct US$500 million in share buybacks in 2026 and US$600 million in 2027. The group expects to return over US$5 billion to shareholders over 2024 to 2027, which includes capital returns for the 1HFY2024 as well as its existing US$2 billion share buyback programme funded from excess free surplus. The final tranche of this US$2 billion buyback programme was completed on Dec 23, 2025.
Prudential has entered into an arrangement with JP Morgan Securities to conduct the buyback on its behalf.
