Lloyds Banking Group says starts share buyback program

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Lloyds Banking Group says starts share buyback program
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Lloyds Banking Group said on Friday it had started a previously announced share ...

FILE PHOTO: People walk past a branch of Lloyds Bank on Oxford Street in London, Britain July 28, 2016. REUTERS/Peter Nicholls/File Photo

LONDON - Lloyds Banking Group said on Friday it had started a previously announced share buyback program worth up to 1.75 billion pounds of ordinary shares.“The sole purpose of the program is to reduce the ordinary share capital of the company,” Lloyds said.

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