Share Repurchase Program Declared by Legal & General Group (LON:LGEN)
Legal & General Group (LON:LGEN – Get Free Report) declared that its board has authorized a share repurchase plan on Wednesday, March 11th, RTT News reports. The company plans to repurchase 0 shares. This repurchase authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Source link
