Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group plc has reported the purchase of 18,472,658 of its own ordinary shares as part of an existing share buyback program, with the intention to cancel the acquired shares. The buyback occurred at prices ranging from 52.74 to 53.78 pence per share, resulting in a volume-weighted average price of 53.3132 pence per share. These transactions, executed through Morgan Stanley & Co. International plc, underscore the company’s ongoing strategy to manage its share capital.
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