Slaughter and May is advising Prudential plc on the US$800 million second tranche of its share buyback programme

Slaughter and May is advising Prudential plc (Prudential) on the US$800 million second tranche of its US$2 billion share buyback programme (the Programme).

As announced on 23 June 2024, the Programme will return capital to shareholders, whilst allowing Prudential to maintain a strong capital base to fund organic growth and to continue to invest in enhancing its capabilities. Slaughter and May previously advised on the US$700 million first tranche of the Programme, which completed on 15 November 2024.

Slaughter and May has been working closely alongside Prudential’s in-house legal team.