Legal & General Executes Share Buyback of 4 Million Shares

Legal & General ( (GB:LGEN) ) has provided an update.

Legal & General Group Plc has repurchased 4 million of its own shares as part of its share buyback program announced in March 2025. This transaction, conducted through Barclays Capital Securities Limited, will reduce the total number of ordinary shares in issue to approximately 5.8 billion, potentially enhancing shareholder value by increasing earnings per share.

The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.20 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 reflects significant financial performance challenges, mainly due to declining revenues and cash flow issues, which weigh heavily on its attractiveness. Despite some positive technical momentum and corporate actions like share buybacks, the stock’s high P/E ratio and leverage concerns suggest a cautious approach. The high dividend yield offers some appeal, but core financial weaknesses necessitate careful consideration by potential investors. The stock presents moderate risk with limited growth prospects unless financial health improves.

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 focusing on insurance, investment management, and retirement solutions. The company is known for providing a range of financial products and services to individual and institutional clients, with a strong market presence in the UK and expanding operations globally.

Average Trading Volume: 23,421,490

Technical Sentiment Signal: Strong Buy

Current Market Cap: £13.82B

For an in-depth examination of LGEN stock, go to TipRanks’ Stock Analysis page.