Lloyds Banking (LYG) has released an update.
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Lloyds Banking Group plc has successfully executed a buyback of 34,903,101 of its own shares at prices ranging from 55.16 to 56.06 pence per share, with the average price being 55.7578 pence. The transaction, part of an ongoing share buyback program announced earlier in February, is intended to reduce the company’s share capital as the purchased shares are slated for cancellation.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.
