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Lloyds Banking ( (LYG) ) has shared an announcement.
Lloyds Banking Group announced its block listing interim review for several of its share schemes, noting significant increases in the number of unallotted securities in some programs. The Sharesave Scheme saw an increase of 150 million securities, while the Share Incentive Plan increased by 35 million. Despite these increases, some schemes like the Deferred Bonus Plan (2008) and the Long Term Share Plan (2020) reported no change in their allotments. This review highlights the company’s ongoing commitment to employee incentive programs and could signal a strategic move to enhance employee engagement and retention.
More about Lloyds Banking
Lloyds Banking Group plc is a financial services company based in London, United Kingdom. It primarily operates in the banking sector, offering a range of financial products and services to individual and business customers. The company’s market focus includes retail and commercial banking, insurance, and wealth management services.
Average Trading Volume: 9,799,089
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $41.53B
For a thorough assessment of LYG stock, go to TipRanks’ Stock Analysis page.
