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Lloyds Banking Group Executes Major Share Buyback
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Lloyds Banking Group Executes Major Share Buyback

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

Lloyds Banking Group PLC has announced a significant buyback of 12,462,731 of its ordinary shares at a volume weighted average price of 54.5491 pence per share, with the intention of cancelling the repurchased shares. This move is part of the bank’s ongoing share buyback programme, initiated based on earlier instructions to its broker. The detailed transactions of this share repurchase have been published and are accessible through the provided link.

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

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