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Legal & General Executes Share Buyback to Optimize Capital Structure

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Legal & General Executes Share Buyback to Optimize Capital Structure

Legal & General ( (GB:LGEN) ) just unveiled an announcement.

Legal & General Group Plc has announced the repurchase of 700,000 ordinary shares as part of its share buyback program initiated on March 12, 2025. The repurchased shares will be cancelled, reducing the total number of shares in issue to 5,889,360,787, which reflects the company’s strategy to enhance shareholder value and optimize its capital structure.

More about Legal & General

Legal & General Group Plc is a financial services company primarily engaged in providing insurance, investment management, and retirement solutions. The company operates in the financial sector with a focus on offering a range of products including life insurance, pensions, and asset management services.

YTD Price Performance: 8.14%

Average Trading Volume: 17,513,621

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £14.48B

See more insights into LGEN stock on TipRanks’ Stock Analysis page.

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