Lloyds Banking Group (LYG) has released an update.
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Lloyds Banking Group plc has reported the purchase of 15,371,553 of its own ordinary shares on the 16th of May, 2024, with the intention of cancelling them. The shares were acquired through Morgan Stanley & Co. International plc as part of the company’s ongoing share buyback program, at prices ranging between 54.22 pence and 54.94 pence per share. This move is a follow-up to instructions issued to the broker in February and is part of the company’s effort to manage its capital effectively.
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