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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.20 | 0.39% | 51.34 | 51.26 | 51.30 | 51.62 | 50.88 | 51.38 | 199,642,768 | 16:35:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 23.74B | 5.46B | 0.0859 | 5.97 | 32.6B |
By Ian Walker
LONDON--The U.K. government has reduced its stake in Lloyds Banking Group PLC by 1% to 23.9%.
In a London Stock Exchange shareholding notification Lloyds said on Monday that The Commissioners of Her Majesty's Treasury now owns 17.09 billion shares, or 23.9% of the bank's voting rights. It previously held 17.14 billion shares.
No price for the share sale, which was conducted on Friday, was disclosed. Lloyds shares closed Friday at 77.98 pence.
The U.K. government bailed out Lloyds during the financial crisis, taking a 39% stake in the U.K.'s biggest retail bank. So far, the government has raised GBP7.4 billion selling bits of its stake in the lender.
Is said last December it would sell a further chunk of shares in Lloyds by the end of June.
Write to Ian Walker at ian.walker@wsj.com
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