STOCK TITAN

Lloyds Banking Group (NYSE: LYG) details £1.75 billion share buyback progress

(Neutral)
(Neutral)
Form Type
6-K

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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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
share buyback programme financial
"Since the commencement of the share buyback programme to repurchase up to £1.75 billion"
A share buyback programme is when a company uses its cash to purchase its own shares from the market, reducing the number of shares available to other investors; imagine a bakery buying back coupons so fewer are circulating. It matters because cutting the share count can boost earnings per share and increase each remaining investor’s ownership stake, and it also signals management’s view of the stock while using cash that could have been spent on other priorities.
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.

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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.

At what prices did Lloyds Banking Group (LYG) buy back shares on 31 July 2026?

On 31 July 2026, Lloyds paid a highest price of 116.5500 pence and a lowest price of 113.9000 pence per share, with a volume weighted average price of 115.5592 pence for the 500,000 ordinary shares repurchased that day.

How large is Lloyds Banking Group’s (LYG) current share buyback programme?

Lloyds has a share buyback programme to repurchase up to £1.75 billion of ordinary shares. Since the programme began, the group has bought 1,313,502,808 shares for total consideration of £1,306,727,163.43, according to the latest disclosure.

What reporting change is Lloyds Banking Group (LYG) making for its share buybacks?

Lloyds plans to change to weekly reporting of its daily share buyback activity from the week commencing 3 August 2026. This change reflects amendments made by the Financial Conduct Authority to UKLR 9.6.6R governing buyback disclosures.

What will Lloyds Banking Group (LYG) do with the shares it has repurchased?

Lloyds has stated that it intends to cancel the 500,000 ordinary shares repurchased on 31 July 2026. The cancellation reduces the number of ordinary shares in issue, consistent with the structure of its existing share buyback programme.

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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16a
of the Securities Exchange Act of 1934
 
 
 31 July 2026
LLOYDS BANKING GROUP plc
(Translation of registrant's name into English)
 
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
 
 
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
 
Form 20-F..X..     Form 40-F 
 
 
Index to Exhibits
 
 
Item
 
 No. 1 Regulatory News Service Announcement, 31 July 2026
           reTransaction in Own Shares
 
 
 
31 July 2026
 
TRANSACTIONS IN OWN SECURITIES
 
Lloyds Banking Group plc (the "Company") announces today that it has purchased the following number of its ordinary shares, from Goldman Sachs International (the "Broker").
 
Ordinary Shares
 
Date of purchases: 31 July 2026
 
Number of ordinary shares purchased: 500,000
 
Highest price paid per share (pence): 116.5500
 
Lowest price paid per share (pence): 113.9000
 
Volume weighted average price paid per share (pence): 115.5592
 
Such purchases form part of the Company's existing share buyback programme and were effected pursuant to the instructions issued to the Broker by the Company on 29 January 2026, as announced on 30 January 2026.
 
The Company intends to cancel these shares.
 
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (as such legislation forms part of assimilated law as defined in the EU (Withdrawal) Act 2018), a full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buyback programme is set out in the Schedule to this announcement available through the link below:
 
http://www.rns-pdf.londonstockexchange.com/rns/8615O_1-2026-7-31.pdf
 
Since the commencement of the share buyback programme to repurchase up to £1.75 billion of ordinary shares, as announced on 30 January 2026, the Company has purchased 1,313,502,808 ordinary shares for a consideration of £1,306,727,163.43.
 
The Company intends to change the frequency of its share buyback reporting to reflect amendments made by the Financial Conduct Authority to UKLR 9.6.6R. From the week commencing 3 August 2026, the Company will report at the end of each week on the daily share buyback activity under the buyback programme announced on 30 January 2026.
 
- END -
For further information:
 
Investor Relations
Douglas Radcliffe                                                                                                     +44 (0)20 7356 1571
Group Investor Relations Director
douglas.radcliffe@lloydsbanking.com
 
Corporate Affairs
Matt Smith                                                                                                                +44 (0)20 7356 3522
Head of Media Relations
matt.smith@lloydsbanking.com
 
Signatures
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
LLOYDS BANKING GROUP plc
 (Registrant)
 
 
 
By: Douglas Radcliffe
Name: Douglas Radcliffe
Title: Group Investor Relations Director
 
 
Date: 31 July 2026