Lloyds Banking Executes Major Share Buyback

An announcement from Lloyds Banking ( (GB:LLOY) ) is now available.

Lloyds Banking Group PLC has executed a significant share buyback transaction, purchasing nearly 30 million of its ordinary shares as part of its ongoing buyback program. This move, facilitated by Morgan Stanley & Co. International plc, is aimed at enhancing shareholder value by reducing the number of shares in circulation, which can potentially increase earnings per share and improve market perception.

More about Lloyds Banking

Lloyds Banking Group PLC operates in the financial services industry, offering a range of banking and financial products and services. The company focuses on retail and commercial banking, serving a wide market with a strong presence in the UK.

YTD Price Performance: 22.71%

Average Trading Volume: 171,784,137

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £40.71B

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