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Legal & General Executes Strategic Share Buyback

Legal & General Executes Strategic Share Buyback

Legal & General (GB:LGEN) has released an update.

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Legal & General Group Plc has executed a share buyback, purchasing 1.1 million of its own ordinary shares, which will consequently be cancelled. The transaction occurred on August 30, 2024, with shares bought across multiple trading platforms at prices up to 224.50 pence each, as part of an ongoing buyback programme announced earlier in June. This buyback reduces the total number of shares in issue to 5,924,696,854, with an equal number of voting rights, as no shares are held in treasury.

For further insights into GB:LGEN stock, check out TipRanks’ Stock Analysis page.

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