Lloyds Banking Group (LYG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Lloyds Banking Group plc has successfully executed a share buyback, purchasing 33,346,435 ordinary shares on April 30, 2024, with intentions to cancel them. This move is part of an ongoing programme announced earlier in February to repurchase up to £2 billion of its shares, of which £530.7 million worth of shares have been acquired to date. The buyback indicates Lloyds’s commitment to returning value to shareholders and managing its capital effectively.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.
