Lloyds Banking Group Announces Share Buyback

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Lloyds Banking (LYG) has released an update.

Lloyds Banking Group plc has announced the purchase of 40,393,708 of its own ordinary shares at prices ranging between 56.9800 and 58.0000 pence per share, with the intent to cancel the acquired shares. This transaction is part of an ongoing share buyback programme that was previously made public on 23 February 2024. The detailed breakdown of the individual trades conducted by Morgan Stanley & Co. International plc on behalf of Lloyds can be found through the provided link to the London Stock Exchange.

For further insights into LYG stock, check out TipRanks’ Stock Analysis page.

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