Commencement of Share Buyback

Summary by AI BETAClose X

Legal & General Group Plc has commenced the first tranche of its £1.2 billion share buyback programme, with up to £600 million to be repurchased by 18 September 2026. The company has entered into a non-discretionary agreement with Barclays Capital Securities Limited for this initial phase, with all repurchased shares to be cancelled to reduce share capital. This programme, which allows for the acquisition of up to 476,796,751 shares, is being conducted on the London Stock Exchange and other agreed UK exchanges in accordance with shareholder authority and regulatory requirements.

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