LLOYDS BANKING GROUP PLC has announced the purchase of 28,092,230 of its ordinary shares from Morgan Stanley & Co. International plc. The purchases were made on 6th June 2024, with the highest price paid per share at 55.7000 pence and the lowest at 54.5000 pence. The volume-weighted average price paid per share was 55.3068 pence. These transactions are part of the company's existing share buyback program and were carried out in line with the instructions issued to the Broker by the Company on 22nd 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 Schedule to the announcement. For further information, investors can contact Douglas Radcliffe, Group Investor Relations Director, or Matt Smith, Head of Media Relations.
This announcement provides insight into LLOYDS BANKING GROUP PLC's recent financial activities, specifically regarding the purchase of its own shares. The details of the transactions, including the number of shares purchased, prices paid, and the intention to cancel the shares, offer transparency to investors and stakeholders. The company's adherence to regulations and the availability of further information for interested parties demonstrate a commitment to open communication and financial responsibility.