Legal & General Executes Share Buyback to Enhance Shareholder Value

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

Legal & General Group Plc has repurchased 1,247,919 of its ordinary shares as part of its share buyback program announced in March 2025. This transaction, executed through Barclays Capital Securities Limited, will reduce the total number of shares in issue to 5,788,468,132, potentially enhancing shareholder value by decreasing the supply of shares and 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 stock score is primarily influenced by its weak financial performance, with challenges in revenue stability and liquidity. However, technical analysis indicates some positive momentum, and the corporate strategy of share buybacks is a positive signal to investors. Despite a high P/E ratio suggesting potential overvaluation, the attractive dividend yield and buyback initiatives support the stock’s appeal.

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 insurance, investment management, and retirement solutions. The company focuses on providing financial security and investment opportunities to its clients, positioning itself as a key player in the UK and global markets.

Average Trading Volume: 24,419,811

Technical Sentiment Signal: Strong Buy

Current Market Cap: £13.93B

For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.