Legal & General (GB:LGEN) has released an update.
Legal & General Group Plc has announced the buyback of 1,700,000 of its own shares on July 22, 2024, which will subsequently be cancelled, reflecting confidence in the company’s value. The shares were purchased through Barclays Capital Securities Limited at prices ranging between 227.20 and 229.40 pence each. This move is part of a share buyback programme initiated on June 12, 2024, and upon completion, the company will have 5,954,611,199 ordinary shares in issue, with the same number of voting rights as no shares are held in treasury.
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