Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has reported the purchase of 21,195,464 of its own ordinary shares on April 19, 2024, with the intention of cancelling them as part of its ongoing share buyback program. The shares were bought through Morgan Stanley & Co. International plc at prices ranging between 50.2400 and 51.0600 pence per share, averaging at 50.6358 pence. This move is part of a strategy announced previously on February 23, 2024, and is aimed at reducing the company’s share capital.
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