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Lloyds Banking Advances Share Buyback, Plans Cancellation
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Lloyds Banking Advances Share Buyback, Plans Cancellation

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

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Lloyds Banking Group PLC has announced the repurchase of 7,941,830 of its ordinary shares at prices ranging from 58.2800 to 59.2600 pence per share under its ongoing share buyback program. The transactions were carried out through Morgan Stanley & Co. International plc and the bank plans to cancel the acquired shares, further signaling its strategy to return value to shareholders.

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

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