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Legal & General Executes Share Buyback to Enhance Shareholder Value

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Legal & General Executes Share Buyback to Enhance Shareholder Value

Confident Investing Starts Here:

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

Legal & General Group Plc has repurchased 3,932,376 of its ordinary shares as part of its ongoing share buyback program, announced in March 2025. This transaction is expected to enhance shareholder value by reducing the number of shares in circulation, thus potentially increasing earnings per share and strengthening the company’s market position.

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 score is primarily impacted by its financial performance, which presents notable risks due to declining profitability and liquidity concerns. However, positive corporate actions, such as share buybacks and insider purchases, along with favorable technical indicators, provide some support. The high P/E ratio suggests potential overvaluation, which detracts from the overall attractiveness.

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 offering insurance, investment management, and retirement solutions. The company focuses on providing these services to a broad market, including individual customers and institutional clients.

Average Trading Volume: 25,335,009

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.54B

Find detailed analytics on LGEN stock on TipRanks’ Stock Analysis page.

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