My Market Wizard

Lloyds Banking Group plc 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Lloyds Banking Group Plc

Filing date:

03/14/2025

TLDR:

Lloyds Banking Group plc announces the purchase of 22,354,484 of its own ordinary shares as part of its existing share buyback program.

ELI5:

Lloyds Banking Group bought back a bunch of its own stock to reduce the number of shares available, which can potentially increase the value of the remaining shares.

Accession #:

0001654954-25-002822

Published on

Analyst Summary

  • Lloyds Banking Group plc executed a share buyback, purchasing 22,354,484 ordinary shares on 14 March 2025.
  • The shares were purchased from Morgan Stanley & Co. International plc.
  • The highest price paid per share was 69.7400 pence, the lowest was 67.9600 pence, and the volume-weighted average price was 69.2894 pence.
  • The buyback is part of an existing program announced on 21 February 2025, and the company intends to cancel the repurchased shares.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️