Lloyds Banking Completes Major Share Buyback
Company Announcements

Lloyds Banking Completes Major Share Buyback

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

Lloyds Banking Group PLC has announced the completion of a significant share buyback, purchasing 38.5 million ordinary shares at prices ranging between 58.00 pence and 58.78 pence. The share buyback is part of an ongoing programme, and the bank plans to cancel the acquired shares. This move is in line with the company’s capital return strategy to shareholders and adheres to market regulations.

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

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