Lloyds Banking ( (GB:LLOY) ) has provided an announcement.
Lloyds Banking Group PLC has executed a share buyback transaction, purchasing 6,650,458 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing share buyback program. This move, which involves canceling the repurchased shares, is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.
More about Lloyds Banking
Lloyds Banking Group PLC is a leading financial services company in the United Kingdom, primarily engaged in providing a wide range of banking and financial services. The company’s market focus includes retail and commercial banking, insurance, and wealth management services.
YTD Price Performance: 28.84%
Average Trading Volume: 170,245,286
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £42.4B
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