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Legal & General discloses board directors’ share purchases

Story Highlights
  • Legal & General reported share purchases by three non-executive directors under UK market abuse rules.
  • The modest London Stock Exchange transactions align directors’ interests with shareholders and reinforce transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legal & General discloses board directors’ share purchases

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

Legal & General has disclosed share purchases by three non-executive directors, Mark Jordy, Ric Lewis and Laura Wade-Gery, in line with regulatory requirements under the UK Market Abuse Regulation. The directors acquired ordinary shares of £0.025 each with voting rights on 1 April 2026 via the London Stock Exchange, with the transactions carried out under the terms of their appointments.

The disclosed purchases, at a price of £2.534 per share, involved 1,038 shares for Jordy, 896 for Lewis and 988 for Wade-Gery. While relatively modest in size, these dealings reflect ongoing alignment of board members’ interests with shareholders and reinforce transparency around insider transactions at the group.

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 group operating primarily in insurance, retirement solutions, investment management and savings products. It serves retail and institutional clients, with its shares listed on the London Stock Exchange and included in major UK equity indices, giving it a significant presence in the domestic financial sector.

Average Trading Volume: 24,259,358

Technical Sentiment Signal: Buy

Current Market Cap: £13.82B

Find detailed analytics on LGEN stock on TipRanks’ Stock Analysis page.

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