Legal & General

Legal & General will eliminate about 1,000 roles—roughly 10% of its workforce—by mid-2027 as CEO António Simões pursues a leaner organisational structure. The programme will start with voluntary redundancies in the UK, with mandatory cuts possible depending on take-up; the fund management division is excluded. Simões has refocused the group on its pensions business, merged asset management units, sold non-core assets and pledged to return over £5bn to shareholders between 2025 and 2027. The company cites strong pension market opportunities, including an expected £500bn of transactions in UK pensions over the next decade. » Więcej na theguardian.com

Legal & General has begun the second tranche of its £600m share buyback; the total programme amounts to £1.2bn. The first tranche ran from 12 March 2026 to 11 September 2026, and the new tranche is due to run until no later than 22 March 2027. J.P. Morgan Securities will execute purchases as a non-discretionary, riskless principal; the repurchased shares will be cancelled. A maximum of 478,827,626 shares may be acquired; the programme is being conducted in accordance with the UK Market Abuse Regulation, the Companies Act 2006 and the UK Listing Rules. » Więcej na de.investing.com

Legal & General has completed the first tranche of its announced £600 million share buyback programme. The company acquired 225,507,499 ordinary shares at an average price of 266.07 pence per share; the total value of the transaction was £599,999,998.11. The overall programme amounts to £1.2 billion; Legal & General will make a further announcement before commencing the second tranche. After the transaction, the number of issued ordinary shares, less shares to be cancelled, is 5,475,778,145. » Więcej na de.investing.com

Legal & General has admitted 101,517 voting ordinary shares (nominal value £0.025) to trading on the Main Market of the London Stock Exchange. The shares were allotted under the Sharesave Scheme between 1 and 31 August 2026 and are fungible with the existing admitted securities (ISIN GB0005603997). After admission, the total number of shares admitted to trading increases to 5,491,210,360. » Więcej na de.investing.com

Legal & General will convert its UCITS ETF PLC into an Irish Collective Asset-management Vehicle (ICAV) and is seeking shareholder approval at an extraordinary general meeting on 9 September 2026. The aim is registration with the Central Bank of Ireland; if approved, the changes are expected to take effect in December 2026. Administrative adjustments and a streamlining of the prospectus are also planned, with fund names simplified and consistency between sub-funds improved, without changing the underlying investment objectives and strategies. » Więcej na de.investing.com