Lloyds Banking Advances Share Buyback Program
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Lloyds Banking Advances Share Buyback Program

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

Lloyds Banking Group PLC has announced the purchase of 13,301,466 of its own ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to £2 billion worth of shares. The shares were bought through Morgan Stanley & Co. International plc with prices ranging from 58.3000 to 58.6800 pence per share, and the company plans to cancel the acquired shares.

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

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