RE: Share buyback16 Feb 2026 10:57
It’s all there on google….dyor
Legal & General (L&G) completed a £500m share buyback program in September 2025. For 2026, the company intends to increase its capital returns, with a planned £1.2bn share buyback fueled by the sale of its US protection business. This is part of a strategy to return over £5bn to shareholders between 2024 and 2027.
Key Details of L&G Share Buybacks:
2026 Strategy: L&G announced a planned £1.2bn share buyback for 2026, driven by the sale of its US protection arm to Meiji Yasuda.
2025 Completion: A £500m share buyback programme was announced in March 2025 and completed in September 2025, with 203.4 million shares acquired at an average price of 245.81 pence.
Previous Buybacks: L&G conducted a £200m share buyback in 2024.
Dividend Policy: Alongside buybacks, L&G has provided guidance for a 2% annual increase in dividend per share from 2025 onwards.
The buybacks aim to reduce the number of outstanding shares, thus increasing the proportional ownership and earnings per share for remaining investors.