Lloyds Banking ( (GB:LLOY) ) has shared an update.
Lloyds Banking Group PLC announced the purchase of 8,014,551 of its own ordinary shares as part of its ongoing share buyback program. The shares were bought at a volume-weighted average price of 73.5759 pence 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 major financial services group in the United Kingdom, providing a wide range of banking and financial services, including personal and commercial banking, insurance, and wealth management. The company primarily focuses on serving the UK market, aiming to help businesses and individuals manage their financial needs.
YTD Price Performance: 30.38%
Average Trading Volume: 165,048,139
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £43.29B
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