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Lloyds Banking Advances Share Buyback Program
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Lloyds Banking Advances Share Buyback Program

Lloyds Banking (GB:LLOY) has released an update.

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Lloyds Banking Group PLC has announced the purchase of 13,301,466 of its own ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to £2 billion worth of shares. The shares were bought through Morgan Stanley & Co. International plc with prices ranging from 58.3000 to 58.6800 pence per share, and the company plans to cancel the acquired shares.

For further insights into GB:LLOY stock, check out TipRanks’ Stock Analysis page.

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