Legal & General Executes Significant Share Buyback

The latest update is out from Legal & General ( (GB:LGEN) ).

Legal & General Group Plc has repurchased 3,967,115 of its ordinary shares as part of its share buyback program announced in March 2025. This transaction, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, reducing the total number of shares in issue to 5,771,496,246. This move is expected to enhance shareholder value and optimize the company’s capital structure.

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 stock is moderately rated due to a mix of financial challenges and strategic initiatives. The positive technical momentum and high dividend yield are tempered by financial weaknesses and a concerning P/E ratio. However, the company’s aggressive share buyback program and strategic growth initiatives in asset management present opportunities for future improvements.

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, focusing on insurance, investment management, and retirement solutions. The company is known for providing a range of products including life insurance, pensions, and asset management services, with a strong market presence in the UK and internationally.

Average Trading Volume: 25,336,833

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.63B

See more data about LGEN stock on TipRanks’ Stock Analysis page.