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Lloyds Banking Group Share Buyback Update
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Lloyds Banking Group Share Buyback Update

Lloyds Banking Group (LYG) has released an update.

Lloyds Banking Group plc has announced the purchase of 4,644,400 of its own ordinary shares as part of its ongoing share buyback program, with the transaction taking place on May 8, 2024, and plans to cancel these shares. The shares were bought through Morgan Stanley & Co. International plc, with prices ranging from 53.5800 to 54.0000 pence per share. This move is part of a strategy previously communicated to investors on February 23, 2024.

For further insights into LYG stock, check out TipRanks’ Stock Analysis page.

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