Lloyds completes £1bn share repurchase programme

28th Aug 2018 08:05

(Sharecast News) - Lloyds Banking Group announced on Tuesday that, following the purchase of ordinary shares on 24 August, its share buyback programme as announced on 8 March was completed in accordance with the terms.The FTSE 100 firm said the programme was managed by the London branch of UBS AG."In aggregate between 8 March and 24 August, the company repurchased 1,577,908,423 ordinary shares for an aggregate consideration of £1bn," the Lloyds board said in its statement.