Prudential PLC Reports Strong Stock Performance and Corporate Developments
Prudential PLC, a UK-based insurance company listed on the London Stock Exchange, has experienced a significant increase in its stock price over the past year, with a gain of over 27% outperforming the market.
Corporate Activities and Share Transactions
The company has undergone various corporate activities, including changes to its board of directors and transactions involving its own shares.
ICICI Prudential Asset Management Company IPO Plans
Prudential’s joint venture with ICICI Bank, ICICI Prudential Asset Management Company, is planning to file for an initial public offering (IPO) to raise up to Rs 10,000 crore.
Mental Health Initiative in Malaysia and Vietnam
Prudential has partnered with Intellect to launch a mental health initiative in Malaysia and Vietnam, aiming to increase access to mental healthcare for vulnerable communities.
Key Details
- Company: Prudential PLC
- Stock Exchange: London Stock Exchange
- Joint Venture: ICICI Prudential Asset Management Company
- IPO Plans: Up to Rs 10,000 crore
- Mental Health Initiative: Malaysia and Vietnam