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Legal & General ( (GB:LGEN) ) has issued an update.
Legal & General Group Plc has confirmed that as of 31 March 2026 its issued share capital comprised 5,679,494,539 ordinary shares of 2.5p each, all carrying voting rights, with no shares held in treasury. This figure serves as the reference denominator for shareholders assessing disclosure obligations under the FCA’s transparency rules.
The company also reported that it bought back and cancelled 3,400,000 shares on 30 and 31 March 2026, reducing the total number of shares in issue, and therefore total voting rights, to 5,676,094,539. The updated capital structure slightly tightens the free float and may marginally enhance earnings per share, while providing clarity for investors on current voting power calculations.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.49 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 LGEN Stock
According to Spark, TipRanks’ AI Analyst, LGEN is a Neutral.
The score is held back mainly by weaker financial quality (margin compression, volatile cash generation, and higher leverage) and bearish technicals (price below key moving averages with negative MACD). A very high dividend yield provides partial support but is offset by a relatively elevated P/E given recent profitability.
To see Spark’s full report on LGEN stock, click here.
More about Legal & General
Legal & General Group Plc is a UK-based financial services company operating in insurance, investment management and retirement solutions. The group focuses on providing savings, protection and pension products to retail and institutional clients, and is a significant participant in the UK and international capital markets.
Average Trading Volume: 24,259,358
Technical Sentiment Signal: Buy
Current Market Cap: £13.82B
Find detailed analytics on LGEN stock on TipRanks’ Stock Analysis page.