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Lloyds Banking Group Executes Share Buyback

Lloyds Banking Group Executes Share Buyback

Lloyds Banking Group (LYG) has released an update.

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Lloyds Banking Group plc reported the purchase of 21,881,370 of its own ordinary shares at prices ranging between 51.6000 and 52.3800 pence per share, with a volume weighted average price of 52.0258 pence per share, as part of its existing buyback program. The shares, bought via Morgan Stanley & Co. International plc, are intended to be cancelled, in line with previous announcements and regulatory compliance.

For further insights into LYG stock, check out TipRanks’ Stock Analysis page.

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