Glonghui June 25 | Guotai Junan Securities released a report stating that Prudential's repurchase efforts exceeded expectations. On June 23, Prudential issued an announcement announcing the implementation of a $2 billion share repurchase plan, which will be completed no later than mid-2026. According to the bank, it is expected that the repurchase will allow the company to actively manage market value and boost shareholders' confidence. According to the report, according to estimates, the free surplus balance is expected to reach 6.5 billion US dollars after the repurchase of 2 billion US dollars, and the free surplus ratio is 209 percent, which is still quite adequate. At the same time, the company will maintain a stable dividend policy, and this year's annual dividend increase will be unchanged between 7% and 9%. The bank maintains its “Overweight” rating and a target price of HK$108.64.