The latest update is out from Lloyds Banking ( (GB:LLOY) ).
Lloyds Banking Group PLC announced the purchase of 4,402,179 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at a volume-weighted average price of 72.0962 pence per share and will be canceled, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Lloyds Banking
Lloyds Banking Group PLC is a leading financial services company in the UK, primarily engaged in providing a wide range of banking and financial services to individual and business customers. The company focuses on retail and commercial banking, insurance, and wealth management, serving millions of customers through its various brands.
YTD Price Performance: 30.92%
Average Trading Volume: 159,047,099
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £43.46B
See more data about LLOY stock on TipRanks’ Stock Analysis page.