An update from Lloyds Banking ( (GB:LLOY) ) is now available.
Lloyds Banking Group PLC has executed a share buyback transaction, purchasing over 1.28 million of its ordinary shares from Morgan Stanley & Co. International plc. This move is part of the company’s ongoing share buyback program, with the intention to cancel the acquired shares, potentially enhancing shareholder value and optimizing capital structure.
More about Lloyds Banking
Lloyds Banking Group PLC is a major financial services group in the UK, offering a wide range of banking and financial services, primarily focusing on personal and commercial banking, insurance, and wealth management.
YTD Price Performance: 33.95%
Average Trading Volume: 171,403,769
Technical Sentiment Signal: Sell
Current Market Cap: £43.71B
Learn more about LLOY stock on TipRanks’ Stock Analysis page.