Legal & General ( (GB:LGEN) ) just unveiled an announcement.
Legal & General Group Plc has announced the commencement of a share buyback program valued at up to £500 million, in collaboration with Barclays Capital Securities Limited. The program aims to reduce the company’s share capital by repurchasing and canceling shares, with a maximum of 509,136,022 shares to be acquired by 12 September 2025, in accordance with shareholder authority and regulatory guidelines.
More about Legal & General
Established in 1836, Legal & General Group Plc (L&G) is a leading UK financial services group and a major global investor with £1.1 trillion in assets under management, of which approximately 44% is international. The company operates in Institutional Retirement, Retail Savings and Protection, and Asset Management, focusing on responsible investing and serving long-term savings and investment needs.
YTD Price Performance: 4.13%
Average Trading Volume: 17,205,913
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £14.28B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com