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Lloyds Banking Advances Share Buyback Plan

Lloyds Banking Advances Share Buyback Plan

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

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Lloyds Banking Group PLC has completed the purchase of 5,918,783 of its own ordinary shares on September 12, 2024, with the intention of canceling them as part of an existing share buyback program. The shares were bought through Morgan Stanley & Co. International plc with prices ranging from 57.5200 to 58.3000 pence per share, averaging at 57.9222 pence. This move is a continuation of the company’s strategy, following instructions issued to the broker earlier in the year.

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

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