Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has announced the buyback of over 6 million of its ordinary shares, at prices ranging between 54.96 and 55.54 pence per share, with the intention to cancel the repurchased shares. This move is part of an existing share buyback program, aligning with the company’s strategy to optimize shareholder value. Detailed trade information for the buyback, executed by Morgan Stanley & Co. International plc, is available through the company’s announcement.
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