Completion of £600m Share Buyback Programme

Summary by AI BETAClose X

Legal & General Group Plc has successfully completed the first £600 million tranche of its £1.2 billion share buyback programme, acquiring 225,507,499 ordinary shares at an average price of 266.07 pence per share. Following this, the company has 5,477,298,229 ordinary shares in issue, with 1,520,084 pending cancellation, resulting in a total of 5,475,778,145 ordinary shares and voting rights. A further announcement will be made before the commencement of the second tranche.

Disclaimer*

Legal & General Group Plc
11 September 2026
 

Legal & General Group Plc

11 September 2026

Legal & General completes first £600m tranche of £1.2bn share buyback programme

 

Further to the announcement made on 12 March 2026, Legal & General Group Plc (the 'Company') announces that it has successfully completed the first £600m tranche of its £1.2bn share buyback programme (the 'Programme').

 

As a result of the Programme, the Company acquired 225,507,499 ordinary shares at an average price of 266.07 pence per share for a total consideration of £599,999,998.11.

 

As at close of business on 11 September 2026, the Company had 5,477,298,229 ordinary shares in issue, 1,520,084 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 5,475,778,145. 

 

A further announcement will be made ahead of the commencement of the second tranche of the Programme.

 

-ENDS-

Notes to editors

 

About L&G

 

Established in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at HY26) of which c. 44% (c. £0.5 trillion) is international.

 

We have a highly synergistic business model, which continues to drive strong returns. We are a leading player in Institutional Retirement, in Retail Savings and Protection, and in Asset Management through both public and private markets. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.

 

Name: Andy Sinclair

Role: Group Chief Strategy & Investor Relations Officer

Tel: +44 20 3124 2494

Email: investor.relations@group.landg.com

 

Name: Gregory Franck

Role: Investor Relations Director

Tel: +44 203 124 4415

Email: investor.relations@group.landg.com

 

Name: Natalie Whitty

Role: Chief Corporate Affairs Director

Tel: +44 738 443 5692

Email: natalie.whitty@group.landg.com

 

Name Sneha Patel

Role: Director of External Communications

Tel: +44 75536 04804

Email: Sneha.Patel@group.landg.com

 

 

 

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