Published On: Thu, Feb 22nd, 2018

Lloyds reaches profit landmark after returning to private ownership

LLOYDS Banking Group scored its highest profit since its takeover of HBOS in 2009, in a “landmark” year when it returned to private ownership. The UK’s biggest mortgage lender raised its dividend payout by 20 per cent and announced a share buyback of up to £1billion – a total return to shareholders of £3.2billion – after its pre-tax profit jumped by 24 per cent to £5.3billion.
Daily Express :: Finance Feed

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