Lloyds Banking Group (NYSE: LYG) buys back 7M shares for cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc repurchased 7,000,000 ordinary shares on 15 July 2026 as part of its existing share buyback programme. The purchases, executed through Goldman Sachs International, were made at prices between 111.5500 and 112.8000 pence per share, with a volume weighted average price of 112.3817 pence.
The company intends to cancel all of the repurchased shares. The trades were carried out under broker instructions dated 29 January 2026, with a transaction breakdown prepared in line with Article 5(1)(b) of the Market Abuse Regulation.
Positive
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Key Figures
Shares repurchased: 7,000,000 ordinary shares
Highest purchase price: 112.8000 pence per share
Lowest purchase price: 111.5500 pence per share
+1 more
4 metrics
Shares repurchased
7,000,000 ordinary shares
Number of ordinary shares bought back on 15 July 2026
Highest purchase price
112.8000 pence per share
Maximum price paid in the 15 July 2026 buyback
Lowest purchase price
111.5500 pence per share
Minimum price paid in the 15 July 2026 buyback
Volume weighted average price
112.3817 pence per share
VWAP for shares repurchased on 15 July 2026
Key Terms
share buyback programme, Volume weighted average price, Market Abuse Regulation, Regulatory News Service Announcement
4 terms
Volume weighted average price financial
"Volume weighted average price paid per share (pence) 112.3817"
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.
Regulatory News Service Announcement regulatory
"Regulatory News Service Announcement, 15 July 2026 re: Transaction in Own Shares"
FAQ
Which broker handled the 15 July 2026 buyback for Lloyds Banking Group (LYG)?
The buyback was executed by Goldman Sachs International as broker. The trades formed part of Lloyds Banking Group’s share buyback programme under instructions issued to the broker on 29 January 2026.
Under what regulatory framework were LYG’s 15 July 2026 buybacks reported?
The transaction disclosure refers to Article 5(1)(b) of the Market Abuse Regulation, with a trade-level schedule made available to comply with these requirements for Lloyds Banking Group’s buyback activity.
