Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group plc has announced the buyback of 27,239,163 of its ordinary shares at prices ranging from 52.08 to 52.72 pence per share, with the intent to cancel the acquired shares as part of its ongoing share buyback program. This move, executed through Morgan Stanley & Co. International plc, reflects the company’s strategic efforts to manage its capital and shareholder value effectively.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.
