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

Lloyds Banking Group (LYG) has released an update.

Lloyds Banking Group plc has reported the purchase of 47,291,574 of its own ordinary shares at prices ranging between 49.6800 to 50.7400 pence per share, with the intent to cancel these shares as part of its ongoing share buyback program. This move, executed through Morgan Stanley & Co. International plc on April 17, 2024, is part of a strategy announced earlier on February 23, 2024.

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

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