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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lloyds Banking Group Plc | LSE:LLOY | London | Ordinary Share | GB0008706128 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.58 | 1.15% | 51.00 | 50.88 | 50.90 | 51.28 | 50.62 | 50.72 | 102,403,685 | 16:35:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Banks, Nec | 23.74B | 5.46B | 0.0859 | 5.92 | 32.34B |
From Apr 2019 to Apr 2024
U.K. Financial Investments Ltd., the government arm that manages a 41% stake in Lloyds Banking Group PLC (LYG), said it has voted in favor of the bank's remuneration proposals for executives put forward at Lloyds' annual general meeting Thursday.
The UKFI said Lloyds has made "very significant reforms to remuneration practises at the bank over the last year," in particular introducing "stringent deferral and clawback terms for bonuses."
It said the bank's long-term incentive plan took account of the interests of all shareholders, and didn't encourage excessive risk but provided for future value creation.
The government also voted in favor of the other resolutions proposed at the AGM, including the appointment of board members.
UKFI was similarly supportive of the new executive pay packages brought in by Royal Bank of Scotland PLC (RBS), in which it has an 83% economic stake and 68.4% voted rights. It voted in favor of RBS's remuneration proposals at the bank's AGM April 28.
-By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowjones.com
1 Year Lloyds Banking Chart |
1 Month Lloyds Banking Chart |
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