Legal & General Group (FRA:LGI) 5-Year Share Buyback Ratio : 0.40% (As of Dec. 2024)

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What is Legal & General Group 5-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Legal & General Group's current 5-Year Share Buyback Ratio was 0.40%.

FRA:LGI's 5-Year Share Buyback Ratio is ranked better than
72.55% of 1184 companies
in the Asset Management industry
Industry Median: -1.3 vs FRA:LGI: 0.40

Competitive Comparison of Legal & General Group's 5-Year Share Buyback Ratio

For the Asset Management subindustry, Legal & General Group's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Legal & General Group's 5-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legal & General Group's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Legal & General Group's 5-Year Share Buyback Ratio falls into.

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Legal & General Group 5-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Legal & General Group (FRA:LGI) 5-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Legal & General Group 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Legal & General Group's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Legal & General Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (FRA:LGI) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

LGGNY:USA LGGNF:USA LGEN:Mexico LGENl:UK LGEN:UK

Address

One Coleman Street, London, GBR, EC2R 5AA

Website

https://group.legalandgeneral.com

Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and Retail. The retirement business provides guaranteed retirement income for corporate pension scheme members. The Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment uses customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Retail business provides of UK retail retirement and protection solutions and United States brokerage term life insurance. The majority of its assets under management are derived from the United Kingdom and Europe.