Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

240.90p
   
  • Change Today:
      5.10p
  • 52 Week High: 256.30
  • 52 Week Low: 205.80
  • Currency: UK Pounds
  • Shares Issued: 5,980m
  • Volume: 9,557,863
  • Market Cap: £14,405m
  • RiskGrade: 166

Legal & General agrees ?35m buyout of Edwards Wildman pension scheme

By Michele Maatouk

Date: Wednesday 11 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Legal & General said on Wednesday that it has agreed to buy out US law firm Edwards Wildman Palmer's UK pension scheme for around £35m.
The scheme was an existing Legal & General Group client through its partnership with Legal & General Investment Management's (LGIM) fiduciary management team.

Julian Hobday, director, Pension Risk Transfer, Legal & General Retirement Institutional, said: "This transaction is an example of our teams working seamlessly together to ensure that our customers can easily benefit from the full range of services we offer.

"Combining our buyout and fiduciary management propositions enabled us to leverage the breadth of Legal & General's capabilities to achieve the Trustees' objectives and smoothly transition to buyout. We are glad that the Trustees have decided to secure a buyout with us and we look forward to continuing to work with them."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Legal and General Market Data

Currency UK Pounds
Share Price 240.90p
Change Today 5.10p
% Change 2.16 %
52 Week High 256.30
52 Week Low 205.80
Volume 9,557,863
Shares Issued 5,980m
Market Cap £14,405m
RiskGrade 166

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.20% above the market average84.20% above the market average84.20% above the market average84.20% above the market average84.20% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
32.72% above the market average32.72% above the market average32.72% above the market average32.72% above the market average32.72% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Income
88.69% above the market average88.69% above the market average88.69% above the market average88.69% above the market average88.69% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Growth
97.87% below the market average97.87% below the market average97.87% below the market average97.87% below the market average97.87% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 5
Neutral 7
Sell 1
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Legal and General Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 24-Aug-23
Paid 06-Jun-24 26-Sep-23
Amount 14.63p 5.71p

Trades for 03-May-2024

Time Volume / Share Price
15:11 4 @ 240.10p
15:11 2 @ 240.10p
15:09 1 @ 239.80p
15:09 1 @ 239.80p
15:10 2 @ 240.20p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

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