tiprankstipranks
Lloyds Banking Group Boosts Share Buyback Program
Company Announcements

Lloyds Banking Group Boosts Share Buyback Program

Lloyds Banking (LYG) has released an update.

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks Auto-Generated NewsdeskLloyds Banking to Redeem £500 Million Securities
TipRanks Auto-Generated NewsdeskLloyds Banking Secures $2 Billion Debt Underwriting
TheFlyLloyds Banking price target lowered to 80 GBp from 83 GBp at Deutsche Bank
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App