Legal & General (GB:LGEN) has released an update.
Legal & General Group PLC reported the repurchase of 1 million of its own shares on June 27, 2024, as part of its ongoing share buyback program announced earlier in the month. These shares were bought at prices ranging from 226.20 to 228.30 pence and will be subsequently cancelled, which will reduce the total number of shares in issue to 5,971,123,916, maintaining the total voting rights count. The share buyback is aimed at reducing share capital and possibly increasing the value of remaining shares.
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