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

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

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Lloyds Banking Group has announced the purchase of 34,279,701 of its own ordinary shares, indicating a move to manage its share capital. The shares were bought at prices ranging from 57.0400 to 58.5400 pence, with the company planning to cancel the acquired shares. This action is part of an ongoing share buyback programme aimed at optimizing shareholder value.

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

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