Lloyds Banking Group (LYG) repurchases 7.85m shares in £1.75bn buyback

Rhea-AI Filing Summary

Lloyds Banking Group plc reported further progress on its share buyback programme, repurchasing 7,853,706 ordinary shares on 29 May 2026 from Goldman Sachs International. The highest price paid was 102.2000 pence per share, the lowest was 101.0000 pence, and the volume weighted average price was 101.6482 pence.

These shares will be cancelled. Since the buyback programme to repurchase up to £1.75 billion of ordinary shares began, the company has bought 1,070,430,900 shares for total consideration of £1,044,270,223.60.

Key Figures

Shares repurchased on 29 May 2026: 7,853,706 shares Highest price paid per share: 102.2000 pence Lowest price paid per share: 101.0000 pence +4 more

7 metrics

Shares repurchased on 29 May 2026 7,853,706 shares Daily buyback volume

Highest price paid per share 102.2000 pence Buyback on 29 May 2026

Lowest price paid per share 101.0000 pence Buyback on 29 May 2026

Volume weighted average price 101.6482 pence Buyback on 29 May 2026

Programme size £1.75 billion Target for ordinary share repurchases

Cumulative shares repurchased 1,070,430,900 shares Since commencement of current buyback

Cumulative consideration paid £1,044,270,223.60 Total paid for buybacks to date

Key Terms

share buyback programme, ordinary shares, volume weighted average price, Market Abuse Regulation, +1 more

5 terms

share buyback programme financial

"Since the commencement of the share buyback programme to repurchase up to £1.75 billion of ordinary shares"

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.

ordinary shares financial

"it has purchased the following number of its ordinary shares, from Goldman Sachs International"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

volume weighted average price financial

"Volume weighted average price paid per share (pence) 101.6482"

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.

foreign private issuer regulatory

"Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16a"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

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

 29 May 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, 29 May 2026

           re: Transaction in Own Shares

29 May 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: 29 May 2026

Number of ordinary shares purchased: 7,853,706

Highest price paid per share (pence): 102.2000

Lowest price paid per share (pence): 101.0000

Volume weighted average price paid per share (pence): 101.6482

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/3234G_1-2026-5-29.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 1,070,430,900 ordinary shares for a consideration of £1,044,270,223.60.

- 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: 29 May 2026

FAQ

What did Lloyds Banking Group (LYG) announce in this 6-K filing?

Lloyds Banking Group reported repurchasing 7,853,706 ordinary shares on 29 May 2026. The transaction is part of its ongoing share buyback programme, with all repurchased shares intended to be cancelled, reducing the number of shares in circulation.

How many Lloyds Banking Group shares were bought back on 29 May 2026?

The company bought back 7,853,706 ordinary shares on 29 May 2026. These shares were acquired from Goldman Sachs International as part of the buyback instructions issued earlier in the year and will be cancelled by the company.

What prices did Lloyds Banking Group pay per share in the latest buyback?

Lloyds Banking Group paid a highest price of 102.2000 pence and a lowest price of 101.0000 pence per share. The volume weighted average price for the 7,853,706 shares repurchased on 29 May 2026 was 101.6482 pence.

How much progress has Lloyds Banking Group (LYG) made on its £1.75 billion buyback?

Since starting the buyback to repurchase up to £1.75 billion of ordinary shares, Lloyds has bought 1,070,430,900 shares. The total consideration for these repurchases so far is £1,044,270,223.60 under the current programme.

What will Lloyds Banking Group do with the repurchased shares?

The company intends to cancel all the repurchased ordinary shares. Cancelling 7,853,706 shares from the latest transaction, and prior repurchases, reduces the total number of shares outstanding over time under the buyback programme.

Who executed the latest Lloyds Banking Group share repurchases?

Goldman Sachs International acted as broker for the repurchases. The trades were carried out under instructions issued by Lloyds Banking Group on 29 January 2026 and form part of the ongoing share buyback programme announced on 30 January 2026.