The latest update is out from Legal & General ( (GB:LGEN) ).
Legal & General Group Plc announced the repurchase of 1,000,000 ordinary shares as part of its share buyback program, which was initiated on March 12, 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 to 5,891,519,005, thereby potentially enhancing shareholder value and optimizing the company’s capital structure.
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, leveraging its expertise in risk management and asset allocation.
YTD Price Performance: 4.57%
Average Trading Volume: 17,312,625
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £13.95B
See more insights into LGEN stock on TipRanks’ Stock Analysis page.