Legal & General ( (GB:LGEN) ) has provided an announcement.
Legal & General Group Plc announced the final results of its tender offer for £600 million Fixed Rate Reset Subordinated Notes due 2045, with a total of £498.425 million in notes validly tendered and accepted for purchase. This strategic move is expected to impact the company’s financial operations by reducing its outstanding debt, thereby potentially improving its financial flexibility and market positioning.
More about Legal & General
Legal & General Group Plc is a prominent financial services company based in England, specializing in insurance, investment management, and retirement solutions. The company focuses on providing a wide range of financial products and services to both individual and institutional clients, positioning itself as a key player in the financial industry.
YTD Price Performance: 6.40%
Average Trading Volume: 18,607,600
Technical Sentiment Signal: Strong Sell
Current Market Cap: £14.11B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.