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Legal & General ( (GB:LGEN) ) just unveiled an update.
Legal & General Group Plc has repurchased 1,000,000 of its ordinary shares as part of its ongoing share buyback program, which was announced in March 2025. This transaction, executed through Barclays Capital Securities Limited, will reduce the total number of shares in issue to 5,702,550,487, potentially enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 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 GB:LGEN Stock
According to Spark, TipRanks’ AI Analyst, GB:LGEN is a Neutral.
Legal & General’s overall stock score is primarily influenced by its strong technical indicators and positive corporate events, which suggest confidence in future growth and shareholder value enhancement. However, significant financial performance challenges and a high P/E ratio weigh down the score, indicating potential risks that need addressing.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Legal & General Group Plc operates in the financial services industry, primarily offering insurance, investment management, and retirement solutions. The company is focused on providing financial security and investment opportunities to a wide range of clients, including individuals and institutions.
Average Trading Volume: 17,383,664
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.94B
Learn more about LGEN stock on TipRanks’ Stock Analysis page.