An announcement from Lloyds Banking ( (LYG) ) is now available.
On April 4, 2025, Lloyds Banking Group plc announced the purchase of 54,856,241 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing share buyback program. The transaction, executed under previously issued instructions, aims to enhance shareholder value by reducing the number of outstanding shares, and the company plans to cancel these shares. This strategic move is expected to positively impact the company’s market position and shareholder returns.
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. The company focuses on retail and commercial financial services, serving millions of customers across the UK with a variety of products including personal and business banking, insurance, and investment services.
YTD Price Performance: 35.93%
Average Trading Volume: 28,740,937
Technical Sentiment Signal: Strong Sell
Current Market Cap: $55.09B
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