Legal & General completes £200m
share buyback programme
11 November 2024
Legal & General Group Plc (the
'Company') announces that it has successfully completed its share
buyback programme (the 'Programme') which was notified to the
market on 12 June 2024.
As a result of the Programme, the
Company acquired 88,835,417 ordinary shares at an average price of
225.14 pence per share for a total consideration of
£199,999,998.25.
As at close of business on 8
November 2024, the Company had 5,895,311,386 ordinary shares in
issue, 2,419,401 of which are pending cancellation under the
Programme. The Company does not hold any ordinary shares in
treasury and therefore, net of ordinary shares pending
cancellation, the Company's total number of ordinary shares in
issue and total voting rights is 5,892,891,985.
-ENDS-
Notes to Editors
Legal & General Group Plc
Established in 1836, Legal &
General is one of the UK's leading financial services groups and a
major global investor, with £1.1 trillion in total assets under
management (as at HY24) of which c40% (circa £0.5 trillion) is
international.
We have a highly synergistic
business model, which continues to drive strong returns. We are a
leading international player in Institutional Retirement, in Retail
Savings and Protection, and in both public and private markets
through our Asset Management division. Across the Group, we are
committed to responsible investing and dedicated to serving the
long-term savings and investment needs of customers and society. As
at 8 November 2024, Legal & General has a market capitalisation
of £12.8 billion.