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An update from Legal & General ( (GB:LGEN) ) is now available.
Legal & General Group Plc has repurchased 4,796,492 of its ordinary shares between 7 and 10 April 2026 through its broker Barclays Capital Securities, at prices around 255–261 pence per share, and will cancel all of the shares bought. The transactions form part of the company’s previously announced share buyback programme, reducing the number of shares in issue to 5,668,919,955 and keeping all of them as voting shares, a move that is likely to enhance earnings per share and signal confidence in the group’s capital position.
Following these cancellations, Legal & General will have no ordinary shares held in treasury, meaning the full reduced share count represents the total voting rights available to shareholders. The ongoing buyback, executed across multiple trading venues, underlines the group’s continued use of capital management tools to return funds to investors and potentially support its valuation in the market.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.49 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Spark’s Take on LGEN Stock
According to Spark, TipRanks’ AI Analyst, LGEN is a Neutral.
The score is held back mainly by weaker financial quality (margin compression, volatile cash generation, and higher leverage) and bearish technicals (price below key moving averages with negative MACD). A very high dividend yield provides partial support but is offset by a relatively elevated P/E given recent profitability.
To see Spark’s full report on LGEN stock, click here.
More about Legal & General
Legal & General Group Plc is a UK-based financial services company focused on insurance, retirement solutions, and investment management, serving retail and institutional clients. It is a major player in the British savings and pensions market, with its shares listed on the London Stock Exchange.
Average Trading Volume: 25,737,992
Technical Sentiment Signal: Strong Buy
Current Market Cap: £14.55B
For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.