(Reuters) – Insurance coverage group Prudential plans a $2 billion share buyback programme which can be accomplished no later than mid-2026, the corporate stated in an announcement on Sunday.The life and well being insurer will start the primary $700 million tranche of the buyback, for which it has entered into an association with Goldman Sachs Worldwide, it stated in a separate assertion.The buyback marks progress in the direction of the London and Hong Kong dual-listed firm’s 2027 monetary goals and can enhance the potential for additional money returns to shareholders, the corporate stated.In an announcement Chief Government Anil Wadhwani stated the Pru’s board continues to anticipate its annual dividend for 2024 to extend by between 7% and 9% in contrast with a yr earlier than, including: “We have now confidence in our FY2024 new enterprise development and in reaching our 2027 monetary and strategic goals.”In March, the Pru reported an 8% rise in annual working revenue, as coverage gross sales throughout its key markets in Asia and Africa propelled income development.(Reporting by Gursimran Kaur in Bengaluru; Enhancing by David Holmes)