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IN BRIEF: Legal & General starts first tranche of £1 billion buyback

ALN

Legal & General Group PLC - London-based insurer and asset manager - Commences the first tranche, worth up to £600 million, of its £1.2 billion buyback programme announced on Wednesday. Says it expects the tranche to end no later than September 18.

Current stock price: 246.34 pence, up 2.2% on Thursday morning in London

12-month change: up 2.9%

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