An announcement from Lloyds Banking ( (GB:LLOY) ) is now available.
Lloyds Banking Group PLC announced the purchase of 5,674,592 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at a volume-weighted average price of 72.7577 pence and will be canceled, indicating the company’s strategy to return value to shareholders and manage its capital structure effectively.
More about Lloyds Banking
Lloyds Banking Group PLC is a leading financial services group in the UK, providing a wide range of banking and financial services. The company focuses on retail and commercial financial services, including personal and business banking, insurance, and wealth management, primarily serving the UK market.
YTD Price Performance: 33.22%
Average Trading Volume: 164,319,975
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £44.25B
For detailed information about LLOY stock, go to TipRanks’ Stock Analysis page.