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Lloyds Banking Group Advances Share Buyback
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Lloyds Banking Group Advances Share Buyback

Lloyds Banking (GB:LLOY) has released an update.

Lloyds Banking Group PLC has announced the purchase of 26,867,170 of its own ordinary shares at prices ranging between 51.9400 pence and 52.8200 pence, with the average price at 52.4881 pence per share. This move is part of the company’s ongoing share buyback program, and these shares are slated to be cancelled. The transaction, conducted through Morgan Stanley & Co. International plc, aligns with the previous instructions issued by the company regarding the share buyback.

For further insights into GB:LLOY stock, check out TipRanks’ Stock Analysis page.

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