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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 repurchase of 16,198,974 of its ordinary shares at prices ranging from 54.2 to 54.6 pence per share, with the average price at 54.4042 pence. The shares were bought back as part of the company’s ongoing share buyback program, with plans to cancel the repurchased shares. This move aligns with the company’s previously disclosed instructions to its broker, Morgan Stanley & Co. International plc, and further details can be accessed through the provided link to the London Stock Exchange.

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

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