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Legal & General Group PLC (LGEN.L)

LGEN.L on London Stock Exchange

253.90GBp
17 Aug 2018
Change (% chg)

-1.00 (-0.39%)
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254.90
Open
254.90
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255.90
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Volume
15,165,884
Avg. Vol
17,017,983
52-wk High
289.45
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248.80

Latest Key Developments (Source: Significant Developments)

LGIM Real Assets Acquires Steel Vulcan House For About 50 Mln STG
Monday, 16 Jul 2018 

July 16 (Reuters) - Legal & General Group PLC ::LGIM REAL ASSETS SAYS ACQUIRED STEEL VULCAN HOUSE, AN OFFICE BUILDING IN CENTRE OF SHEFFIELD FOR ABOUT £50 MILLION FROM TRINOVA REAL ESTATE.  Full Article

Legal & General Group Confirms Sale Of Procession House
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Legal & General Group PLC ::CONFIRMS SALE OF PRIME LONDON OFFICE SCHEME, PROCESSION HOUSE.  Full Article

Legal & General Acquires Build To Rent Site In Woolwich
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Legal & General Group PLC ::ACQUIRES ITS BUILD TO RENT SITE IN WOOLWICH.EXCHANGED CONTRACTS ON ITS BUILD TO RENT (BTR) SITE TO DATE LOCATED IN WOOLWICH.  Full Article

New Legal and General strategy to deliver 8-10 percent profit growth per year
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Legal & General Group PLC ::NEXT STAGE OF LGIM'S GROWTH IS BASED ON A FOCUSED STRATEGY, WHICH ALSO FORMS AGENDA FOR EVENT, CONSISTING OF THREE KEY COMPONENTS.CONTINUED BROADENING OF OUR INVESTMENT CAPABILITIES TO MEET OUR CLIENTS' NEEDS.SUSTAINED FOCUS ON ADDRESSING SAVINGS GAP THROUGH OUR DC, RETAIL, AND PERSONAL INVESTING BUSINESSES.FURTHER INTERNATIONALISING OUR CORE STRENGTHS.THIS STRATEGY IS EXPECTED TO DELIVER LGIM OPERATING PROFIT GROWTH OF BETWEEN 8% TO 10% PER ANNUM OVER MEDIUM TERM, ASSUMING NORMAL MARKET CONDITIONS.  Full Article

Legal & General Agrees 325 Mln Stg Buy-In With Heathrow's Pension Scheme
Thursday, 14 Jun 2018 

June 14 (Reuters) - Legal & General Group PLC ::LEGAL & GENERAL AGREES £325M BUY-IN WITH HEATHROW'S PENSION SCHEME.COMPLETED £325 MILLION BUY-IN WITH BAA PENSION SCHEME, COVERING 1,300 PENSIONER MEMBERS.DEAL ACCOMPANIED BY AN INVESTMENT IN BESPOKE LONG DATED INDEX-LINKED £160 MILLION BOND, ISSUED BY HEATHROW AIRPORT LIMITED TO CO.  Full Article

Legal & General Investment Management Announces Authorisation Of Dublin Management Company
Monday, 14 May 2018 

May 14 (Reuters) - Legal & General Group PLC ::LEGAL & GENERAL INVESTMENT MANAGEMENT SAYS ITS DUBLIN MANAGEMENT COMPANY, LGIM MANAGERS (EUROPE) LTD , HAS BEEN AUTHORISED BY CENTRAL BANK OF IRELAND.  Full Article

Legal & General has mean gender pay gap of 30.5 pct-annual report
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Legal & General ::HAS MEAN GENDER PAY GAP OF 30.5 PERCENT, MEDIAN GAP OF 31.6 PERCENT -ANNUAL REPORT.HAS MEAN GENDER BONUS GAP OF 65.6 PERCENT - ANNUAL REPORT.  Full Article

Legal & General says on track for a record year in 2017
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - LEGAL & GENERAL GROUP PLC ::CONTINUES TO SEE GREAT MOMENTUM IN ALL ITS BUSINESSES IN YEAR TO DATE AND HAS EXPERIENCED PARTICULARLY STRONG GROWTH IN RECENT WEEKS.LEGAL & GENERAL RETIREMENT (LGR) HAS DELIVERED TOTAL SALES FOR 2017 TO DATE 1 OF £6.2BN.ANNUITY SALES GENERATED £4.5BN OF ANNUITY PREMIUM.FY UK INDIVIDUAL ANNUITY PREMIUMS UP 93%, EQUIVALENT TO A 14% MARKET SHARE.BY END OF OCTOBER, INTERNATIONAL NET INFLOWS WERE £26.1BN.GENERAL INSURANCE (GI) GROSS WRITTEN PREMIUMS ARE UP 13% TO £305M BY END OF OCTOBER.  Full Article

Legal & General Group to sell mature savings business to Swiss Re
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Legal & General Group Plc ::LEGAL & GENERAL GRP - L&G HAS REACHED AGREEMENT TO SELL ITS MATURE SAVINGS BUSINESS TO REASSURE DIVISION OF SWISS RE LTD ("SWISS RE") FOR 650 MILLION POUNDS​.SAYS ‍BUSINESS BEING SOLD COMPRISES PRINCIPALLY RETAIL CUSTOMERS WHO HOLD TRADITIONAL INSURANCE BASED PENSIONS, SAVINGS AND INVESTMENT PRODUCTS​.EXPECTS FORMAL TRANSFER OF BUSINESS WILL BE COMPLETED IN MID-2019​.  Full Article

Legal & General Group buys retirement home for 51mln stg​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Legal & General Group Plc :‍Legal & General announces acquisition of a later living business called renaissance villages (rv) for a net purchase price of around 51 million pounds​.  Full Article

UPDATE 2-L&G first-half operating profit up 7 pct, eyes strong H2

* Sees strong H2 driven by bulk annuities (Adds detail from statement, CEO quote, analyst quote, shares, background)