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Lloyds Banking Advances Share Buyback Plan
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Lloyds Banking Advances Share Buyback Plan

Lloyds Banking (GB:LLOY) has released an update.

Lloyds Banking Group PLC has reported the purchase of 25,460,816 of its own ordinary shares as part of its ongoing share buyback program, with plans to cancel the acquired shares. The transactions were carried out through Morgan Stanley & Co. International plc at prices ranging from 54.3200 to 56.5000 pence per share, contributing to the £918 million already spent on repurchasing shares since February 2024.

For further insights into GB:LLOY stock, check out TipRanks’ Stock Analysis page.

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