Prudential Launches USD 2 Billion Share Repurchase Program

Prudential announced the launch of a US$2 billion share buyback program, with the related capital return to be completed by mid-2026. The buyback program is executed under the relevant authorization approved at the 2024 Annual General Meeting, and the repurchased shares are expected to be cancelled. Prudential's full-year dividend policy for 2024 remains unchanged, and the board expects the annual dividend growth for 2024 to be in the range of 7% to 9%.