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Lloyds Banking Group Advances Share Buyback
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Lloyds Banking Group Advances Share Buyback

Lloyds Banking Group (LYG) has released an update.

Lloyds Banking Group plc has announced the purchase of 24,447,226 of its own ordinary shares as part of its ongoing share buyback program, with intentions to cancel the acquired shares. The transactions, executed through Morgan Stanley & Co. International plc, ranged in price from 51.4000 to 52.2600 pence per share, averaging at 51.7811 pence. This move is in line with the company’s previously issued instructions on 22 February 2024 for the share buyback.

For further insights into LYG stock, check out TipRanks’ Stock Analysis page.

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