Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC has announced the purchase of 33,346,435 of its ordinary shares as part of its ongoing share buyback program, at prices ranging between 51.94 and 52.32 pence per share. The bank has been executing this program since February 2024 and has now acquired over 1 billion shares, with the latest batch set to be cancelled as part of the strategy. The buyback represents a significant investment back into the company, totaling over £530 million thus far.
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