[6-K] Lloyds Banking Group plc Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Lloyds Banking Group announced a purchase of 11,417,117 ordinary shares on 24 September 2025 as part of its ongoing share buyback programme. The broker for the trades was Morgan Stanley & Co. International plc. Trade prices ranged from 81.10 pence (lowest) to 82.80 pence (highest) with a volume weighted average price of 82.1370 pence. The purchases were executed under instructions given on 20 February 2025 and announced on 21 February 2025. The Company stated it intends to cancel these repurchased shares. A full breakdown of individual trades is available via the link provided in the announcement.

Positive

• Repurchase of 11,417,117 shares executed, demonstrating active shareholder returns
• Intention to cancel the repurchased shares, which will reduce outstanding share count
• VWAP disclosed (82.1370 pence) and full trade breakdown is available, supporting transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Lloyds executed a material block buyback and intends to cancel 11.42m shares at ~82.14p VWAP.

The announced repurchase of 11,417,117 ordinary shares at a VWAP of 82.1370 pence is a deliberate capital distribution method that reduces share count when cancelled. This action can modestly increase earnings per share and return capital to shareholders without altering underlying operations. The disclosure follows the company’s previously authorised programme and provides trade-level transparency via the Schedule link. Absent further financial metrics in this announcement, the direct balance-sheet or capital-ratio effects cannot be quantified from the filing alone.

Corporate Governance Expert

TL;DR: Buyback executed under authorised programme with intention to cancel shares, consistent with shareholder-return policy.

The filing shows procedural compliance with market disclosure rules and cites the February 2025 instruction authorising the broker to act. Intention to cancel the repurchased shares signals management preference for permanent capital reduction rather than holding treasury stock. The announcement includes the broker identity and confirms publication of detailed trade data, supporting regulatory transparency. No information on total programme size remaining or governance deliberations is provided in this notice.

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

24 September 2025

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, 24 September 2025

           re: Transaction in Own Shares

24 September 2025

TRANSACTIONS IN OWN SECURITIES

Lloyds Banking Group plc (the "Company") announces today that it has purchased the following number of its ordinary shares, from Morgan Stanley & Co. International plc (the "Broker").

Ordinary Shares

Date of purchases: 24 September 2025

Number of ordinary shares purchased: 11,417,117

Highest price paid per share (pence): 82.8000

Lowest price paid per share (pence): 81.1000

Volume weighted average price paid per share (pence): 82.1370

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 20 February 2025, as announced on 21 February 2025.

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/7029A_1-2025-9-24.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: 24 September 2025

FAQ

What shares did Lloyds Banking Group (LLDTF) buy on 24 September 2025?

The Company purchased 11,417,117 ordinary shares on 24 September 2025.

At what prices were Lloyds' shares bought in the 24 September 2025 transaction?

Trades ranged from a lowest price of 81.1000 pence to a highest price of 82.8000 pence with a VWAP of 82.1370 pence.

Who executed the buyback for Lloyds Banking Group?

The purchases were made by Morgan Stanley & Co. International plc acting as the Broker.

Will Lloyds Banking Group hold or cancel the repurchased shares?

The Company stated it intends to cancel the repurchased shares.

Under what authority were the share purchases made?

The purchases were effected pursuant to instructions issued to the Broker on 20 February 2025, as announced on 21 February 2025.