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Legal & General Executes Share Buyback, Cancelling 700,000 Shares

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Legal & General Executes Share Buyback, Cancelling 700,000 Shares

Legal & General ( (GB:LGEN) ) has issued an announcement.

Legal & General Group Plc announced the repurchase of 700,000 of its ordinary shares as part of its ongoing share buyback program. This move, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, thereby reducing the total number of shares in circulation and potentially increasing the value for existing shareholders.

More about Legal & General

Legal & General Group Plc is a prominent player in the financial services industry, primarily offering insurance, investment management, and retirement solutions. The company focuses on providing financial security and investment opportunities to a diverse range of clients, including individuals, businesses, and institutions.

YTD Price Performance: 6.31%

Average Trading Volume: 18,296,526

Technical Sentiment Signal: Strong Sell

Current Market Cap: £14.13B

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

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