Lloyds Banking (LYG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.