Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group has announced the purchase of 7,841,171 of its own ordinary shares as part of its ongoing share buyback program, with the intention to cancel the acquired shares. The transactions, executed through Morgan Stanley & Co. International plc, ranged in price from 52.7600 to 53.9200 pence per share, with a volume weighted average of 53.5995 pence. This move is part of the company’s strategy to enhance shareholder value and is detailed in their latest regulatory announcement.
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