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LLOY Lloyds Banking Group Plc

51.34
0.20 (0.39%)
23 Apr 2024 - Closed
Delayed by 15 minutes
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

U.K. Reduces Stake in Lloyds

23/02/2015 9:02am

Dow Jones News


Lloyds Banking (LSE:LLOY)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Lloyds Banking Charts.
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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