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The latest announcement is out from Legal & General ( (GB:LGEN) ).
Legal & General Group Plc has repurchased 4,000,000 of its ordinary shares as part of its ongoing share buyback program, which was announced earlier in March 2025. This transaction, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, adjusting the total number of shares in issue to 5,795,190,417. This move is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.20 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.
The overall stock score is influenced most significantly by the positive corporate events, which suggest confidence in future performance. However, financial performance challenges, such as declining revenues and cash flow issues, weigh down the score. The strong technical analysis provides some support, while valuation concerns due to a high P/E ratio are partly offset by an attractive dividend yield.
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, providing a range of products including insurance, investment management, and pensions. The company focuses on delivering financial security and stability to its clients across various markets.
Average Trading Volume: 23,508,393
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.79B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.