Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has announced the repurchase of 10,227,935 of its own shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 58.52 to 59 pence, resulting in a volume weighted average price of 58.8121 pence per share. The bank plans to cancel the repurchased shares, which were acquired through instructions previously issued to Morgan Stanley & Co. International plc.
For further insights into GB:LLOY stock, check out TipRanks’ Stock Analysis page.