Legal & General (GB:LGEN) has released an update.
Legal & General Group Plc has repurchased 2 million of its own ordinary shares on September 12, 2024, as part of an ongoing share buyback program that was previously announced. The shares, bought through Barclays Capital Securities Limited at prices ranging from 224.50 to 226.00 pence each, will be cancelled, reducing the total number of shares in issue to 5,903,647,906. This move is set to potentially enhance shareholder value by reducing the share supply in the market.
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