Legal & General ( (GB:LGEN) ) just unveiled an announcement.
Legal & General Group Plc announced the repurchase of 480,556 of its ordinary shares as part of its share buyback program. This move, facilitated through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, impacting the company’s total number of shares and voting rights, which now stand at 5,891,038,449. This strategic financial maneuver aims to enhance shareholder value and optimize the company’s capital structure.
More about Legal & General
Legal & General Group Plc operates in the financial services industry, primarily focusing on insurance, investment management, and retirement solutions. The company is known for its comprehensive range of financial products and services, catering to both individual and institutional clients, with a strong market presence in the UK and internationally.
YTD Price Performance: 5.40%
Average Trading Volume: 17,286,248
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £14.12B
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