Lloyds Banking Group Buys Back Own Shares
Ticker: LLOBF · Form: 6-K · Filed: Sep 18, 2024 · CIK: 1160106
| Field | Detail |
|---|---|
| Company | Lloyds Banking Group PLC (LLOBF) |
| Form Type | 6-K |
| Filed Date | Sep 18, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, disclosure, financials
Related Tickers: LLOY
TL;DR
LLOYD'S BUYING BACK ITS OWN STOCK - GOOD SIGN?
AI Summary
On September 18, 2024, Lloyds Banking Group plc announced its engagement in transactions involving its own shares. The company has purchased a certain number of its own securities, as detailed in the filing.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of share transactions and does not present new or significant risks.
Key Players & Entities
- Lloyds Banking Group plc (company) — Registrant
- 25 Gresham Street, London EC2V 7HN (location) — Principal executive offices
- 18 September 2024 (date) — Filing date and transaction date
FAQ
What specific number of shares did Lloyds Banking Group purchase?
The filing states that the company purchased 'the following number of' its own securities, but the exact number is not specified in the provided text.
What is the purpose of this Form 6-K filing?
This Form 6-K is a Report of Foreign Private Issuer announcing transactions in its own shares.
When was this transaction in own shares announced?
The transaction was announced on 18 September 2024.
Is Lloyds Banking Group filing an annual report under Form 20-F or 40-F?
Yes, Lloyds Banking Group indicates it files annual reports under cover of Form 20-F.
What was the former name of Lloyds Banking Group?
The former name was LLOYDS TSB GROUP PLC, with a date of name change on 20010926.
Filing Stats: 427 words · 2 min read · ~1 pages · Grade level 15.5 · Accepted 2024-09-18 13:05:40
Filing Documents
- a7677e.htm (6-K) — 24KB
- 0001654954-24-012055.txt ( ) — 25KB
Signatures
Signatures     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.   LLOYDS BANKING GROUP plc  (Registrant)       By: Douglas Radcliffe Name: Douglas Radcliffe Title: Group Investor Relations Director           Date : 18 September 2024