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Lloyds Banking Group plc 6-K Analysis & Summary – 2/21/2025

⚠️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:

02/21/2025

TLDR:

Lloyds Banking Group plc announces the purchase of 7,762,503 of its own ordinary shares as part of its existing share buyback program.

ELI5:

Lloyds Banking Group bought back some of its own shares to reduce the number of shares available, potentially increasing the value of the remaining shares.

Accession #:

0001654954-25-001774

Published on

Analyst Summary

  • Lloyds Banking Group plc purchased 7,762,503 ordinary shares on 21 February 2025.
  • The shares were purchased from Morgan Stanley & Co. International plc.
  • The highest price paid per share was 66.9800 pence, and the lowest price was 65.5800 pence.
  • The volume weighted average price paid per share was 66.4065 pence.
  • The purchases are part of the Company’s existing share buyback programme.
  • The Company intends to cancel the repurchased shares.

Potential Implications

Stock Price

  • Share buybacks typically increase the value of the remaining 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. ⚠️