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Lloyds Banking Continues Major Share Buyback
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Lloyds Banking Continues Major Share Buyback

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

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Lloyds Banking Group PLC has announced the purchase of 1,383,625 of its ordinary shares as part of its ongoing share buyback program, with the intention to cancel the acquired shares. The transactions were conducted at prices ranging between 58.76 pence and 59.32 pence per share, with the overall program aiming to repurchase up to £2 billion worth of shares. Since the program’s start, Lloyds has bought back shares worth over £1.5 billion.

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

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