Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has announced the completion of a share buyback, purchasing 14.4 million shares through their broker, with prices ranging from 51.12 to 51.70 pence per share. The shares acquired on April 22, 2024, are set to be cancelled as part of the company’s ongoing effort to reduce outstanding shares and potentially increase shareholder value. This move is consistent with their previously disclosed buyback program instructions issued in February 2024.
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