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LONDON - Prudential (LON:PRU) plc, the life insurance and asset management company with a significant presence in Asia and Africa, has established the reference price for its scrip dividend alternative at US$10.763624 per new ordinary share. This announcement follows the company’s offer of a scrip dividend option to shareholders for the 2024 second interim dividend, which was declared at 16.29 US cents per share.
The eligibility for shareholders to opt into the scrip dividend scheme required a minimum holding of 67 ordinary shares as of the record date, March 28, 2025. The Scrip Reference Price was calculated based on the average middle-market price of Prudential’s shares on the London Stock Exchange (LON:LSEG) over a five-day period starting March 27, 2025, the ex-dividend date.
The conversion to US Dollars was done using the mid-point WMR spot exchange rates quoted by Bloomberg in London at approximately 11:00 a.m. today.
Prudential, which is not affiliated with Prudential Financial (NYSE:PRU), Inc. of the United States or The Prudential Assurance Company Limited of the UK, is dual-listed on the Hong Kong (2378) and London (PRU) stock exchanges. It also has secondary listings on the Singapore Stock Exchange (K6S) and the New York Stock Exchange (PUK) in the form of American Depositary Receipts.
The company is included in the Hang Seng Composite Index and is part of the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs. Prudential aims to be a trusted financial and health solutions provider across generations and emphasizes its commitment to simplicity and accessibility in its services.
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