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Legal & General ( (GB:LGEN) ) has shared an update.
Legal & General Group Plc announced the repurchase of 800,000 of its ordinary shares as part of its share buyback program, which was initiated on March 12, 2025. The repurchased shares will be cancelled, reducing the total number of shares in issue to 5,880,898,883, which could potentially enhance shareholder value by increasing earnings per share and demonstrating confidence in the company’s financial health.
More about Legal & General
Legal & General Group Plc operates in the financial services industry, providing a range of services including life insurance, general insurance, pensions, and investment management. The company focuses on the UK market and has a significant presence in the global financial services sector.
YTD Price Performance: 6.40%
Average Trading Volume: 18,686,630
Technical Sentiment Signal: Strong Sell
Current Market Cap: £14.21B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.