Lloyds Banking Group (LYG) has released an update.
Lloyds Banking Group plc has made a significant move in the financial markets by purchasing 12,462,731 of its ordinary shares at prices ranging from 54.2600 to 54.7000 pence per share, with an average price of 54.5491 pence. These transactions are part of an ongoing share buyback programme, with the intention of cancelling the acquired shares. The detailed trades executed by Morgan Stanley & Co. International plc on behalf of Lloyds are available for full review.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.