Legal & General stock holds after half-year profit beat
Published on 09/10/2026 at 17:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Legal & General stock (ISIN GB0005603997) closed at 293.40 GBX on the London Stock Exchange on September 8, 2026, after the shares had settled at the same level in the previous session. The group's half-year update on August 5, 2026, showed core operating profit of GBP 918 million, up 7%, and core operating EPS up 11%.
Half-year numbers
According to Legal & General on August 5, 2026, core operating profit reached GBP 918 million and core operating EPS rose 11%. The company also said it had completed about GBP 450 million of a GBP 1.2 billion buyback program and raised the interim dividend by 2% to 6.24p.
Reuters reported on August 5, 2026, that the half-year profit topped analyst forecasts and that pension buyout volumes in the UK fell to GBP 2 billion from about GBP 3.3 billion a year earlier. Reuters also said the solvency ratio was 201%, slightly below forecasts of 206%.
What investors watch
For investors, the key tension is simple: asset management expanded to more than GBP 1.2 trillion in assets, while pension buyout competition still pressured volumes. The half-year release also said fee-related earnings increased 37% and workplace pensions administered assets rose 27% year on year to GBP 128 billion.
Price and setup
The shares last closed at 293.40 GBX on September 8, 2026, and FT.com said that level was 7.76% below the 52-week high of 318.10 GBX set on August 7, 2026. FT.com also put Legal & General's market capitalization at GBP 16.12 billion and showed a previous close of 293.60 GBX.
Legal & General stock facts
- Company: Legal & General Group PLC
- ISIN: GB0005603997
- Ticker: LGEN
- Trading venue: London Stock Exchange
- Price (as of September 8, 2026): 293.40 GBX
- Market capitalization: GBP 16.12 billion (as of September 10, 2026)
- Sector / Industry: Financials / Life Insurance
- Index membership: FTSE 100
