tiprankstipranks
Lloyds Advances Share Buyback with Latest Purchase
Company Announcements

Lloyds Advances Share Buyback with Latest Purchase

Lloyds Banking Group (LYG) has released an update.

Lloyds Banking Group plc has reported the purchase of 23,578,075 ordinary shares as part of its ongoing £2 billion share buyback program, with the intention of cancelling the acquired shares. The transactions, conducted through Morgan Stanley & Co. International plc, involved a volume-weighted average price of 51.9317 pence per share. Since the program’s announcement, the company has bought back shares worth £264.7 million.

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

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles