London, Feb 13, 2026, 08:48 GMT — Regular session
- Prudential shares slid further in early action, extending losses from the previous session when the stock tumbled on unusually high volume.
- Filings indicate the company kept up its share repurchases as part of the $1.2 billion program.
- March 18 brings the full-year results, and investors are looking there for a more concrete sense of momentum.
Shares of Prudential (PRU.L) slipped 1.2% to 1,069.2 pence in early Friday trading in London, the decline deepening a slide that’s pulled the insurer away from its recent peaks. (Investing)
Shares dropped 6.8% to 1,082.5 pence Thursday, lagging the sliding FTSE 100 as trading volumes spiked past normal levels. The stock closed roughly 12.6% under its 52-week high from Feb. 4. (MarketWatch)
The decline followed a defensive tilt across broader markets. London’s blue-chip index slipped roughly 0.7% on Thursday, as a global pullback in risk appetite played out. Investors worked through the latest UK growth data and renewed speculation over a potential Bank of England rate cut in March. (MarketScreener)
Prudential disclosed in Feb. 12 filings that it repurchased 335,257 ordinary shares the previous day at an average of 11.7278 pounds each, with plans to cancel them. Canceling shares reduces the total share count—potentially boosting earnings per share, though the core business remains the same. (SEC)
Back in January, Prudential kicked off a $1.2 billion share buyback, tying into its wider plan to return capital. Chief executive Anil Wadhwani called himself “pleased with the progress” as the group moved ahead with its strategy. (Prudential)
Traders are watching the tape: a sharp drop followed the push toward those early-February highs, with Friday bringing another leg down. Thursday’s heavy volume points to active re-positioning—not just passive moves along with the index.
The company’s investor calendar points to March 18 for the next major event: full-year results. (Prudential)
Investors are tuning in for potential tweaks to targets and paying close attention to management’s tone on demand and margins in Prudential’s core Asian insurance markets, which account for the bulk of its business.
The risk here? Pretty clear. Should risk appetite keep fading, or lower yields begin to hit financials, Prudential might have a hard time catching a bid before its results. A stumble in guidance would just crank up the pressure.
Looking to next week, investors are eyeing any fresh buyback announcements and shifts in rate bets. The big question: will Prudential’s March 18 update help stabilize sentiment following this week’s slide?
