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Legal & General Announces Director’s Share Purchase

Story Highlights
  • Legal & General is a key player in financial services, offering insurance and investment solutions.
  • Director Tushar Morzaria purchased 20,000 shares, signaling confidence in the company.
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Legal & General Announces Director’s Share Purchase

Legal & General ( (GB:LGEN) ) has issued an announcement.

Legal & General Group Plc announced a transaction involving the purchase of 20,000 ordinary shares by Tushar Morzaria, a Non-Executive Director, at a price of £2.411534 per share on the London Stock Exchange. This transaction, disclosed in accordance with the UK Market Abuse Regulation, highlights the company’s adherence to regulatory requirements and may reflect confidence in the company’s future performance.

More about Legal & General

Legal & General Group Plc is a prominent player in the financial services industry, primarily offering life insurance, general insurance, pensions, and investment management services. The company is focused on providing financial security and investment solutions to a diverse range of clients, including individuals and institutions, with a strong market presence in the UK.

YTD Price Performance: 6.57%

Average Trading Volume: 16,639,856

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £14.28B

For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.

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