Lloyds Banking ( (LYG) ) has issued an update.
On April 3, 2025, Lloyds Banking Group plc announced the purchase of 28,482,165 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing share buyback program. The shares were bought at prices ranging from 69.4600 to 71.4000 pence, with a volume-weighted average price of 70.0400 pence. The company plans to cancel these shares, which reflects its strategy to enhance shareholder value and optimize capital structure.
More about Lloyds Banking
Lloyds Banking Group plc is a prominent financial services institution based in the United Kingdom, primarily engaged in providing a wide range of banking and financial services. The company operates in the banking sector, focusing on retail and commercial banking services, insurance, and wealth management.
YTD Price Performance: 42.22%
Average Trading Volume: 28,549,499
Technical Sentiment Signal: Strong Sell
Current Market Cap: $57.22B
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