Lloyds Banking Group buy back own shares

Lloyds Banking

Lloyds Banking Group plc (LON:LLOY) has announced that it has purchased the following number of its ordinary shares, from Morgan Stanley & Co. International plc (the “Broker”).

Ordinary Shares

Date of purchases: 14 April 2022

Number of ordinary shares purchased: 22,932,762

Highest price paid per share (pence): 45.16

Lowest price paid per share (pence): 43.97

Volume weighted average price paid per share (pence): 44.59

Such purchases form part of the Company’s existing share buyback programme and were effected pursuant to the instructions issued to the Broker by the Company on 24 February 2022, as announced on 25 February 2022.

The Company intends to cancel these shares.

Lloyds Banking Group plc (LON LLOY), together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates through three segments: Retail; Commercial Banking; and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, unsecured loans, leasing solutions, credit cards, and other financial services to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital market services to small and medium-sized entities, corporates, and financial institutions. The Insurance and Wealth segment offers life, home, and car insurance products; and pension, investment, and wealth management products and services. It also provides digital and mobile banking, and telephone services, as well as advisory services for savings, investments, and planning for retirement. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, IWeb, and Agricultural Mortgage Corporation brands. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

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