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Legal & General Announces Vesting of Share Awards to COO

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Legal & General Announces Vesting of Share Awards to COO

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Legal & General ( (GB:LGEN) ) has shared an announcement.

Legal & General Group Plc announced the vesting of restricted share awards to Katie Worgan, the Group Chief Operating Officer, as part of her remuneration package. The first tranche of 13,773 shares vested on 23 September 2025, with 6,474 shares sold to cover tax and dealing costs, while 7,299 shares were retained. This move aligns with the company’s strategy to compensate key executives for incentives forfeited from previous employers, potentially impacting the company’s talent retention and executive compensation strategies.

The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.

Spark’s Take on GB:LGEN Stock

According to Spark, TipRanks’ AI Analyst, GB:LGEN is a Neutral.

Legal & General’s overall stock score is primarily impacted by its financial performance challenges, including declining revenues, profitability, and liquidity issues. Technical analysis indicates a bearish trend, while the high P/E ratio suggests overvaluation, partially offset by a strong dividend yield. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on GB:LGEN stock, click here.

More about Legal & General

Legal & General Group Plc operates in the financial services industry, primarily offering insurance, investment management, and retirement solutions. The company focuses on providing financial security and investment opportunities to individuals and institutions.

Average Trading Volume: 16,607,476

Technical Sentiment Signal: Buy

Current Market Cap: £13.35B

For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.

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