Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group has announced the purchase of 24,472,066 of its own ordinary shares at a volume-weighted average price of 51.4090 pence each, as part of its ongoing share buyback program. The transactions, conducted through Morgan Stanley & Co. International plc, are intended to result in the shares being cancelled, in line with the company’s previously disclosed strategy announced on 23 February 2024.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.
