Lloyds Banking Group Executes Share Buyback

Lloyds Banking Group (LYG) has released an update.

Lloyds Banking Group plc has announced the purchase of 14,782,952 of its own ordinary shares as part of its ongoing share buyback program, with the intention to cancel the acquired shares. The transaction was executed by Morgan Stanley & Co. International plc, with the highest price paid at 50.2200 pence and the lowest at 49.4950 pence per share. This move is in line with the market practices and the company’s previously disclosed buyback plans.

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