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Legal & General Executes Share Buyback Program

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Confident Investing Starts Here:

The latest announcement is out from Legal & General ( (GB:LGEN) ).

Legal & General Group Plc announced the repurchase of 3,479,699 of its ordinary shares as part of its share buyback program initiated in March 2025. This move, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, reducing the total number of shares in issue and potentially enhancing shareholder value by increasing earnings per share.

Spark’s Take on GB:LGEN Stock

According to Spark, TipRanks’ AI Analyst, GB:LGEN is a Neutral.

Legal & General’s stock score reflects significant financial performance challenges, particularly in revenue stability and cash flow management. While technical analysis shows some positive momentum, the high valuation metrics suggest caution. The high dividend yield and positive corporate events like share buybacks offer some optimism but are not enough to outweigh the core financial weaknesses. Investors should be cautious and consider the moderate risk and 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 its comprehensive range of financial products and services, catering to both individual and institutional clients.

YTD Price Performance: 9.67%

Average Trading Volume: 22,018,891

Technical Sentiment Signal: Strong Sell

Current Market Cap: £13.7B

See more data about LGEN stock on TipRanks’ Stock Analysis page.

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