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Lloyds Banking Group Announces Block Listing of 195 Million Shares

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Lloyds Banking Group Announces Block Listing of 195 Million Shares

TipRanks Black Friday Sale

Lloyds Banking ( (GB:LLOY) ) just unveiled an announcement.

Lloyds Banking Group PLC has applied for a block listing of 195 million ordinary shares on the London Stock Exchange, which will be allocated across several company plans, including the Executive Group Ownership Plan and the Sharesave Scheme. This move is expected to enhance the company’s share liquidity and fulfill obligations under these plans, with the shares anticipated to be admitted to trading on 24 November 2025.

The most recent analyst rating on (GB:LLOY) stock is a Buy with a £108.00 price target. To see the full list of analyst forecasts on Lloyds Banking stock, see the GB:LLOY Stock Forecast page.

Spark’s Take on GB:LLOY Stock

According to Spark, TipRanks’ AI Analyst, GB:LLOY is a Outperform.

Lloyds Banking’s overall stock score is driven by strong earnings call performance and positive technical analysis, indicating bullish momentum. Financial performance shows stability but highlights areas needing improvement, such as cash flow and leverage. Valuation is fair, with a reasonable P/E ratio and dividend yield. The positive sentiment from the earnings call and technical indicators are the most significant factors influencing the score.

To see Spark’s full report on GB:LLOY stock, click here.

More about Lloyds Banking

Lloyds Banking Group PLC is a major financial institution in the banking industry, offering a wide range of financial services including personal and commercial banking, insurance, and investment products. The company primarily focuses on serving the UK market, aiming to provide comprehensive financial solutions to individuals and businesses.

Average Trading Volume: 150,247,896

Technical Sentiment Signal: Buy

Current Market Cap: £51.57B

Learn more about LLOY stock on TipRanks’ Stock Analysis page.

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