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Investor discussions surrounding Lloyds Banking Group Plc (LLOY) have primarily focused on recent stock performance, the ongoing share buyback initiative, and emerging market comparisons relative to larger banking peers. Notably, one investor highlighted that the group has completed approximately 11.19% of its £1.7 billion buyback program, amounting to over 273 million shares at an average price of nearly 70p. This ongoing effort has been viewed positively, signaling the company's commitment to enhancing shareholder value, with some participants expressing optimism about the stock's current position in relation to its competitors.
Market sentiment appears to be improving, with comments suggesting that Lloyds is "playing catch-up" with its major rivals, recovering losses from previous years. This notion is echoed by fund manager David Moss, who has initiated a position in Lloyds despite concerns over car finance mis-selling, underpinning the potential for market recovery. Quotes from users reflect this sentiment, with statements like "Fund Managers are certainly late to the party" highlighting an expectation of future growth. Overall, investors seem cautiously optimistic, revisiting the bank's fundamentals and its robust capital return strategy amidst a backdrop of improved market dynamics.
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In recent announcements, Lloyds Banking Group PLC has actively engaged in a share buyback program aimed at enhancing shareholder value. Over the course of the week from March 21 to March 27, 2025, the company purchased a significant number of its own shares, totaling approximately 27 million ordinary shares. The transactions involved a range of prices, with the highest price recorded at 73.94 pence per share and the lowest at 70.06 pence. As part of the buyback initiative, all shares are set to be cancelled to reduce the overall share count and potentially increase earnings per share.
Additionally, Lloyds published a new Prospectus on March 21, 2025, which pertains to its £25 billion Euro Medium Term Note Programme, approved by the Financial Conduct Authority. This document is of financial significance, providing potential investors greater insights into Lloyds' borrowing capabilities and strategies for capital structuring. The measures taken, both in terms of share repurchases and the new Prospectus, underline Lloyds’ commitment to improving financial metrics and preparing for future funding needs.
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I despair - why are kids nowadays taught that life is just a game? |
King Charles has given Prime Minister Sir Keir Starmer a guided tour of his environmentally friendly, sustainable housing project in Cornwall, in a rare joint visit. |
He had any ? |
Pathetic. Beyond daft. You have lost credibility. Tarra |
One the one side we have 50,000 dead and 100,000 maimed and injured Palestinians, plus their strip of land reduced to rubble. |
Just goes to show that reality is in the eye of the beholder. |
Thats what our Donald has done. Solved problems with simple solutions in mili seconds. Use yer google machine and see how our Alex solved a centuries old knotty problem with a whack with his sword. He didnt do too bad You would go down great guns in a civil service super quango careful. Thnking up problems and reasons why things cant be done and ridiculing loose cannons who think they have found solutions. |
Because Britain now belongs to someone else Careful. Successive governments have sold all our assets. Now they're selling us Careful. |
Military operation in Ukraine 10 Feb, 11:56 |
Dates of UK Banks 2024 Final Results, Lloyds last to report. |
What Starmer says is one thing....actions another....Remember adults...became idiots...Remember growth...became negative growth...don't hold your breath about nuclear....he got no energy... |
How simple it has always been to intercept rubber boats, tow them safely back to France then destroy the rubber boats. |
https://unherd.com/2 |
another policy that labour are now stealing from Nigel |
& stop all legal aid for foreign nationals/ economic migrants & would be refuges |
Type | Ordinary Share |
Share ISIN | GB0008706128 |
Sector | Commercial Banks, Nec |
Bid Price | 73.60 |
Offer Price | 73.64 |
Open | 73.44 |
Shares Traded | 122,268,752 |
Last Trade | 16:35:28 |
Low - High | 73.18 - 74.26 |
Turnover | 18B |
Profit | 4.42B |
EPS - Basic | 0.0729 |
PE Ratio | 10.10 |
Market Cap | 44.86B |
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