Legal & General Executes Share Buyback of 4 Million Shares

An announcement from Legal & General ( (GB:LGEN) ) is now available.

Legal & General Group Plc has announced the repurchase of 4 million of its ordinary shares as part of its ongoing share buyback program initiated in March 2025. This move, executed through Barclays Capital Securities Limited, aims to reduce the number of shares in circulation, potentially enhancing shareholder value and demonstrating the company’s commitment to returning capital to investors.

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.

The overall stock score for Legal & General is moderate due to mixed financial performance, with significant concerns about declining revenues and cash flow challenges. However, technical analysis shows positive trends, and the company offers a strong dividend yield, attracting income-focused investors. Recent corporate actions, such as the share buyback program, demonstrate efforts to enhance shareholder value, but the high P/E ratio suggests caution regarding overvaluation.

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, offering a range of products including life insurance, investment management, and pensions. The company focuses on providing financial security and investment opportunities to its clients, positioning itself as a key player in the UK and international markets.

Average Trading Volume: 25,619,914

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.45B

For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.