Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group plc has announced the purchase of 959,312 of its own ordinary shares at prices ranging from 52.9600 to 53.5000 pence per share, as part of its ongoing share buyback program. The acquired shares are intended to be cancelled, which is a common practice to return value to shareholders and potentially increase the value of remaining shares. The transaction took place on April 5, 2024, and was conducted through Morgan Stanley & Co. International plc.
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