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Legal & General Advances Buyback, Cancels Shares

Legal & General Advances Buyback, Cancels Shares

Legal & General (GB:LGEN) has released an update.

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Legal & General Group Plc has repurchased 5,640,000 of its own ordinary shares on September 18, 2024, with the intention of canceling them as part of its share buyback programme initiated earlier in June. The shares were bought through various exchanges at prices ranging from 221.90 to 227.70 pence per share. Following the transaction, the company’s total issued share count will reduce to 5,897,641,337, with the same number of voting rights as no shares are held in treasury.

For further insights into GB:LGEN stock, check out TipRanks’ Stock Analysis page.

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