Legal & General Executes Share Buyback, Cancels 550,000 Shares

Story Highlights
Legal & General Executes Share Buyback, Cancels 550,000 Shares

An update from Legal & General ( (GB:LGEN) ) is now available.

Legal & General Group Plc has repurchased 550,000 of its ordinary shares as part of a share buyback program announced in March 2025. This move is aimed at reducing the number of shares in circulation, potentially increasing shareholder value and reflecting the company’s confidence in its financial position. Following the cancellation of these shares, the total number of shares in issue is now 5,881,698,883, with no shares held in treasury, which maintains the same number of voting rights.

More about Legal & General

Legal & General Group Plc operates in the financial services industry, primarily focusing on insurance, investment management, and retirement solutions. It is a prominent player in the UK market, offering a range of products and services aimed at both individual and corporate clients.

YTD Price Performance: 6.40%

Average Trading Volume: 18,607,600

Technical Sentiment Signal: Strong Sell

Current Market Cap: £14.11B

See more insights into LGEN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App