Lloyds Banking Group (NYSE: LYG) details £1.75 billion share buyback progress
Rhea-AI Filing Summary
Lloyds Banking Group plc repurchased 500,000 ordinary shares on 31 July 2026 from Goldman Sachs International under its ongoing share buyback programme. The highest price paid was 116.5500 pence per share, the lowest was 113.9000 pence, and the volume weighted average price was 115.5592 pence. The company intends to cancel these shares.
Since the start of the buyback programme to repurchase up to £1.75 billion of ordinary shares, Lloyds has bought 1,313,502,808 shares for total consideration of £1,306,727,163.43. From the week commencing 3 August 2026, it plans to report daily buyback activity on a weekly basis.
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Key Figures
Shares repurchased on 31 July 2026: 500,000 shares
Highest price paid per share: 116.5500 pence
Lowest price paid per share: 113.9000 pence
+5 more
8 metrics
Shares repurchased on 31 July 2026
500,000 shares
Ordinary shares bought from Goldman Sachs International as part of buyback
Highest price paid per share
116.5500 pence
Maximum price for 31 July 2026 buyback trades
Lowest price paid per share
113.9000 pence
Minimum price for 31 July 2026 buyback trades
Volume weighted average price
115.5592 pence
VWAP for 500,000 shares repurchased on 31 July 2026
Buyback programme size
£1.75 billion
Target amount for ordinary share repurchases under current programme
Shares repurchased since programme start
1,313,502,808 shares
Cumulative ordinary shares bought under the current programme
Total consideration for repurchases
£1,306,727,163.43
Aggregate amount paid for 1,313,502,808 shares to date
Weekly reporting start
3 August 2026
Week from which buyback reporting moves to weekly frequency
Key Terms
share buyback programme, volume weighted average price, Market Abuse Regulation, Financial Conduct Authority, +1 more
5 terms
volume weighted average price financial
"Volume weighted average price paid per share (pence) 115.5592"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Market Abuse Regulation regulatory
"In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
Financial Conduct Authority regulatory
"to reflect amendments made by the Financial Conduct Authority to UKLR 9.6.6R"
A government-authorized regulator that sets and enforces rules for banks, brokers, insurers and other financial firms to keep markets fair and safe. Think of it as a referee for the financial system: it watches for cheating, protects consumers, and can penalize companies that break the rules. Its actions matter to investors because enforcement decisions, rule changes or approvals influence company costs, reputations and overall market confidence.
UKLR 9.6.6R regulatory
"to reflect amendments made by the Financial Conduct Authority to UKLR 9.6.6R"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Lloyds Banking Group (LYG) repurchase on 31 July 2026?
Lloyds Banking Group repurchased 500,000 ordinary shares on 31 July 2026 from Goldman Sachs International under its share buyback programme. The company has stated that it intends to cancel these repurchased shares as part of its capital management actions.
How much has Lloyds Banking Group (LYG) spent so far on its 2026 buyback?
Since the commencement of the current programme, Lloyds has spent £1,306,727,163.43 repurchasing 1,313,502,808 ordinary shares. These purchases are being made under its previously announced plan to buy back up to £1.75 billion of ordinary shares.
