Lloyds Banking Executes Share Buyback Plan

Lloyds Banking (LYG) has released an update.

Lloyds Banking Group plc has announced the purchase of 19,973,218 of its own ordinary shares as part of an existing share buyback program, with the intention to cancel these shares. The transactions, executed through Morgan Stanley & Co. International plc, were conducted at prices ranging from 54.8800 to 55.4800 pence per share, with a volume-weighted average price of 55.1530 pence. This move is in line with previous instructions issued by the company and is part of their ongoing efforts to manage their capital.

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