Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has implemented a share buyback, purchasing 31.7 million shares at prices ranging from 52.20 to 52.88 pence per share, with the average price at 52.49 pence. These transactions are part of the company’s ongoing buyback program, and Lloyds intends to cancel the acquired shares, signaling a potential boost to shareholder value.
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