Legal & General ( (GB:LGEN) ) has issued an update.
Legal & General Group Plc announced the repurchase of 1,000,000 of its ordinary shares as part of its share buyback programme. This move, executed through Barclays Capital Securities Limited, will reduce the total number of shares in issue to 5,890,060,787, potentially enhancing shareholder value 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 products including insurance, investment management, and retirement solutions. The company is focused on delivering financial security and stability to its clients, with a strong presence in the UK market.
YTD Price Performance: 6.83%
Average Trading Volume: 17,382,322
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £14.12B
See more insights into LGEN stock on TipRanks’ Stock Analysis page.