Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has announced the acquisition of 12,904,670 of its own ordinary shares at prices ranging between 50.9000 pence and 51.5600 pence, with an average cost of 51.2375 pence per share, as part of its ongoing share buyback program. The company has also stated its intention to cancel the purchased shares, in line with previous instructions issued to its broker, Morgan Stanley & Co. International plc.
For further insights into GB:LLOY stock, check out TipRanks’ Stock Analysis page.
