An announcement from Lloyds Banking ( (GB:LLOY) ) is now available.
Lloyds Banking Group PLC has announced the purchase of 6,832,683 of its ordinary shares as part of its ongoing share buyback program. These shares were acquired at a volume-weighted average price of 73.7922 pence per share and are intended to be canceled, which is a strategic move to enhance shareholder value and optimize the company’s capital structure.
More about Lloyds Banking
Lloyds Banking Group PLC is a leading financial services group in the UK, primarily focused on retail and commercial banking, general insurance, and long-term savings, protection, and investment. The company operates through well-known brands such as Lloyds Bank, Halifax, and Bank of Scotland, serving millions of customers with a wide range of financial products and services.
YTD Price Performance: 35.09%
Average Trading Volume: 172,697,057
Technical Sentiment Signal: Sell
Current Market Cap: £44.69B
See more data about LLOY stock on TipRanks’ Stock Analysis page.