Lloyds Banking (LYG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Lloyds Banking Group has announced the purchase of over 51 million of its own shares as part of its ongoing buyback program. The shares were bought from Morgan Stanley at prices ranging between 54.34 and 55.28 pence. This move is aimed at enhancing shareholder value by eventually canceling these shares.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.