BuybackJun 16, 2026, 06:07 AM
Lloyds Banking Group buys back 5M shares for cancellation
AI Summary
Lloyds Banking Group plc announced the purchase of 5,000,000 of its ordinary shares on June 15, 2026, as part of its ongoing share buyback program. The shares were acquired from Goldman Sachs International at a volume weighted average price of 103.0013 pence per share. The company intends to cancel these purchased shares, which typically reduces the outstanding share count and can be positive for earnings per share.
Key Highlights
- Lloyds Banking Group purchased 5,000,000 ordinary shares.
- Shares were bought on June 15, 2026, from Goldman Sachs International.
- Volume weighted average price paid was 103.0013 pence per share.
- Highest price paid per share was 103.9000 pence.
- Lowest price paid per share was 102.1500 pence.
- The company intends to cancel these purchased shares.
- Purchases are part of an existing share buyback programme.
Price Impact
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