Lloyds Banking Group (NYSE: LYG) repurchases 6.9M shares for cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reported that it bought back 6,925,854 of its ordinary shares on 20 May 2026 through Goldman Sachs International under its existing share buyback programme. The highest price paid was 98.0000 pence per share, the lowest was 96.1800 pence, and the volume weighted average price was 97.0080 pence.
The company states that it intends to cancel all of the repurchased shares, permanently reducing the number of shares in issue. Detailed trade-by-trade information is provided via a linked schedule prepared in line with the Market Abuse Regulation.
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Key Figures
Shares repurchased: 6,925,854 shares
Highest repurchase price: 98.0000 pence per share
Lowest repurchase price: 96.1800 pence per share
+3 more
6 metrics
Shares repurchased
6,925,854 shares
Ordinary shares bought back on 20 May 2026
Highest repurchase price
98.0000 pence per share
Maximum price paid on 20 May 2026
Lowest repurchase price
96.1800 pence per share
Minimum price paid on 20 May 2026
VWAP repurchase price
97.0080 pence per share
Volume weighted average price on 20 May 2026
Instruction date to broker
29 January 2026
Date instructions issued for buyback trades
Announcement of instructions
30 January 2026
Date instructions were publicly announced
Key Terms
share buyback programme, volume weighted average price, Market Abuse Regulation, ordinary shares
4 terms
volume weighted average price financial
"Volume weighted average price paid per share (pence) 97.0080"
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.
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
20
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, 20 May 2026
re: Transaction
in Own Shares
20 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: 20 May 2026
Number of ordinary shares purchased: 6,925,854
Highest price paid per share (pence): 98.0000
Lowest price paid per share (pence): 96.1800
Volume weighted average price paid per share (pence):
97.0080
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/1627F_1-2026-5-20.pdf
- 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: 20
May 2026
FAQ
What did Lloyds Banking Group (LYG) announce in this 6-K filing?
Lloyds Banking Group reported it repurchased 6,925,854 ordinary shares on 20 May 2026. The buyback was executed through Goldman Sachs International under its existing share buyback programme, and the company plans to cancel all of these shares.
Is the Lloyds Banking Group (LYG) buyback part of a broader programme?
Yes. The 6,925,854 shares were repurchased as part of Lloyds Banking Group’s existing share buyback programme. The trades followed instructions issued to Goldman Sachs International on 29 January 2026 and referenced in a 30 January 2026 announcement.