LLOYDS BANKING GROUP PLC has announced the purchase of 24,432,196 of its ordinary shares from Morgan Stanley & Co. International plc. The purchases were made on 12 June 2024, with the highest price paid per share at 55.0000 pence and the lowest at 54.0400 pence. The volume-weighted average price paid per share was 54.5119 pence. These transactions are part of the company's existing share buyback program and were carried out in line with instructions issued to the Broker on 22 February 2024.
The company has stated its intention to cancel these shares. The full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buyback program is available in the announcement. For further information, investors can contact Douglas Radcliffe, Group Investor Relations Director, or Matt Smith, Head of Media Relations.
This announcement aligns with the company's ongoing efforts to manage its capital structure and optimize shareholder value.