Legal & General ( (GB:LGEN) ) has issued an announcement.
Legal & General Group Plc announced the purchase and cancellation of 500,000 of its ordinary shares as part of its share buyback program. This move is expected to reduce the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health.
More about Legal & General
Legal & General Group Plc operates in the financial services industry, offering a range of products including insurance, investment management, and retirement solutions. The company focuses on providing financial security and investment opportunities to its clients, with a strong presence in the UK market.
YTD Price Performance: 5.66%
Average Trading Volume: 18,533,656
Technical Sentiment Signal: Strong Sell
Current Market Cap: £14.11B
For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.