Lloyds Banking Group Boosts Share Buyback Program
Company Announcements

Lloyds Banking Group Boosts Share Buyback Program

Lloyds Banking (LYG) has released an update.

Lloyds Banking Group has repurchased 663,259 of its own ordinary shares as part of its ongoing share buyback program. The shares, purchased from Morgan Stanley at an average price of 61.7505 pence per share, are set to be cancelled. This move is part of the bank’s strategy to enhance shareholder value.

For further insights into LYG stock, check out TipRanks’ Stock Analysis page.

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