Legal & General Group Plc Announces a Stunning Repurchase of 3 Million of Its Own Ordinary Shares

Legal & General Group Plc, one of the leading financial services companies, has made an eye-catching move in the stock market. The company announced on 11 April 2025, that it had completed a transaction involving 3,000,000 of its own ordinary shares. The shares, each valued at 2.5 pence, were acquired through the company’s broker, Barclays Capital Securities Limited. These repurchased ordinary shares are to be cancelled, diminishing the total number of ordinary shares in issue to 5,872,924,530.

Among the purchased shares, various batches were bought at different prices. For instance, the highest price paid for ordinary shares was 233.40, whereas the lowest was 227.70. Meanwhile, the average price paid averaged around 231.10. The purchases are instrumental parts of the company’s share buyback programme announced on 12 March 2025.

Legal & General Group Plc has reiterated that no ordinary shares are being held in a treasury. Therefore, the total number of voting rights in the company will be 5,872,924,530 following the share cancellation. This strategic manoeuver marks a significant step in the company’s financial journey and highlights the vigorous dynamism within its business strategies.