Breaking: C-Suite Officers of Legal & General Group Boost Stake in Own Company

It’s always an encouraging sign for investors when senior executives buy additional shares in their own company. Such purchases by top dogs typically imply strong belief in the business’s future and can serve as a hearty endorsement that often buoys shareholder sentiment. Legal & General Group Plc, a notable player within the FTSE 100 index, has seen just such action from some of its key decision-makers recently.

Donning the list of executives who’ve boosted their stakes are Jeff Davies, Group Chief Financial Officer and Director, Chris Knight, Group Chief Risk Officer, Emma Hardaker-Jones, Chief Transformation & People Officer, Geoffrey Timms, Group General Counsel and Company Secretary, and Andrew Kail, Chief Executive Officer for Legal & General Institutional Retirement. The shares were purchased under the company’s Employee Share Plan at a price of £2.36 each.