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Legal & General ( (GB:LGEN) ) has provided an update.
Legal & General shareholders approved all resolutions at the company’s Annual General Meeting in London, including the receipt of 2025 financial statements, a final dividend of 15.67 pence per share and the election or re-election of all nominated directors. Investors also backed the company’s Climate and Nature Transition Plan, remuneration policy and report, and renewed authorities for capital issuance, share buybacks and shorter notice for general meetings.
At a separate General Meeting, shareholders overwhelmingly supported reductions to the group’s share premium account and capital redemption reserve, a move that provides additional flexibility in managing its capital structure. The strong voting support across both meetings underlines broad investor endorsement of Legal & General’s strategy, governance and capital management approach.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 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 group with operations across insurance, retirement solutions and investment management. The company focuses on providing life insurance, pensions, annuities and asset management products, serving retail customers, institutions and corporate clients in its domestic market and internationally.
Average Trading Volume: 32,433,460
Technical Sentiment Signal: Strong Buy
Current Market Cap: £14.7B
For an in-depth examination of LGEN stock, go to TipRanks’ Overview page.