Lloyds Banking Group Buys Back Shares
Ticker: LLOBF · Form: 6-K · Filed: Mar 18, 2025 · CIK: 1160106
| Field | Detail |
|---|---|
| Company | Lloyds Banking Group PLC (LLOBF) |
| Form Type | 6-K |
| Filed Date | Mar 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, shareholder-returns, regulatory-filing
Related Tickers: LLOY
TL;DR
LLOY bought back 1.7M shares for £1.27M on 3/18. Shareholder returns continue.
AI Summary
On March 18, 2025, Lloyds Banking Group plc announced its purchase of ordinary shares as part of its share buyback program. The company has bought back 1,700,000 ordinary shares at a price of £0.7485 per share, totaling £1,272,450. This transaction is part of the company's previously announced share repurchase program.
Why It Matters
This buyback indicates the company's confidence in its financial health and its commitment to returning value to shareholders.
Risk Assessment
Risk Level: low — The filing is a routine announcement of share repurchases, which is a common and expected corporate action.
Key Numbers
- 1,700,000 — Shares Purchased (Represents the volume of the company's own shares bought back.)
- £1,272,450 — Total Cost (The aggregate amount spent by the company on the share repurchase.)
Key Players & Entities
- Lloyds Banking Group plc (company) — Filer of the report and purchaser of shares
- 1,700,000 (dollar_amount) — Number of ordinary shares purchased
- £0.7485 (dollar_amount) — Price per ordinary share
- £1,272,450 (dollar_amount) — Total cost of shares purchased
- March 18, 2025 (date) — Date of the transaction
FAQ
What specific type of shares did Lloyds Banking Group purchase?
Lloyds Banking Group purchased ordinary shares.
What was the total number of ordinary shares purchased by the company?
The company purchased 1,700,000 ordinary shares.
What was the price per ordinary share paid by Lloyds Banking Group?
The price per ordinary share was £0.7485.
What is the total monetary value of the share repurchase announced on March 18, 2025?
The total value of the share repurchase is £1,272,450.
Is this transaction part of a larger share repurchase program?
Yes, the filing states this purchase is part of the company's previously announced share repurchase program.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 18, 2025 regarding Lloyds Banking Group plc (LLOBF).