Legal & General ( (GB:LGEN) ) has shared an announcement.
Legal & General Group Plc announced the repurchase of 800,000 of its ordinary shares as part of a share buyback program. This move, facilitated by Barclays Capital Securities Limited, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value.
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 financial security and stability to its clients, with a strong presence in the UK market.
YTD Price Performance: 7.57%
Average Trading Volume: 17,145,962
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £14.48B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.