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BRITAIN'S L&G WILL RETURN $6.5 BILLION TO INVESTORS AMID FOCUS ON CORE BUSINESS

  • NEWS Desk Global
  • Mar 12, 2025
  • 1 min read



Britain's Legal & General will return about $6.5 billion to investors via buybacks and dividends over three years as it tries to cement their confidence in a revamp.

The life insurer and asset manager has sold its U.S. protection business for $2.3 billion and UK housebuilder CALA Group in a 1.35-billion-pound deal since António Simões became CEO in 2023, as it focuses on core businesses.

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