Lloyds Banking Group (LYG) repurchases 13.2M shares for cancellation in buyback

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it repurchased 13,238,247 ordinary shares on 07 April 2026 as part of its existing share buyback programme. The shares were bought from Goldman Sachs International at prices between 95.8600p and 98.6300p, with a volume weighted average price of 96.6745p per share.

The Company states that it intends to cancel all of these repurchased shares, permanently reducing the number of shares in issue. A detailed schedule of individual trades executed by the broker is available via the link provided in the announcement.

Key Figures

Shares repurchased: 13,238,247 shares Highest price paid: 98.6300 pence per share Lowest price paid: 95.8600 pence per share +2 more

5 metrics

Shares repurchased 13,238,247 shares Ordinary shares bought on 07 April 2026

Highest price paid 98.6300 pence per share Maximum repurchase price on 07 April 2026

Lowest price paid 95.8600 pence per share Minimum repurchase price on 07 April 2026

Volume weighted average price 96.6745 pence per share Average price for repurchases on 07 April 2026

Buyback instruction date 29 January 2026 Date instructions issued to Goldman Sachs International

Key Terms

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

4 terms

share buyback programme financial

"Such purchases form part of the Company's existing share buyback programme"

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) 96.6745"

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.

ordinary shares financial

"Number of ordinary shares purchased: 13,238,247"

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.

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

07 April 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, 07 April 2026

           re: Transaction in Own Shares

07 April 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: 07 April 2026

Number of ordinary shares purchased: 13,238,247

Highest price paid per share (pence): 98.6300

Lowest price paid per share (pence): 95.8600

Volume weighted average price paid per share (pence): 96.6745

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/5327Z_1-2026-4-7.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: 07 April 2026

FAQ

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

Lloyds Banking Group announced it repurchased 13,238,247 ordinary shares on 07 April 2026 as part of its share buyback programme. The shares were bought from Goldman Sachs International and are intended to be cancelled, reducing the overall share count over time.

How many Lloyds Banking Group (LYG) shares were repurchased and at what prices?

Lloyds Banking Group repurchased 13,238,247 ordinary shares on 07 April 2026. The highest price paid per share was 98.6300 pence, the lowest was 95.8600 pence, and the volume weighted average price for the buyback was 96.6745 pence per share.

Is the Lloyds Banking Group (LYG) transaction part of a broader share buyback programme?

Yes. The repurchase of 13,238,247 shares forms part of Lloyds Banking Group’s existing share buyback programme. The trades were executed by Goldman Sachs International under instructions issued on 29 January 2026 and previously announced on 30 January 2026.

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

Lloyds Banking Group intends to cancel all 13,238,247 repurchased ordinary shares. Cancelling shares permanently removes them from circulation, which can increase earnings per share over time by spreading profits across a smaller number of remaining shares.

Where can investors find detailed trade data for the Lloyds (LYG) buyback?

The announcement states that a full breakdown of individual trades executed by Goldman Sachs International is available in a schedule linked via an RNS PDF. Investors can access it using the provided London Stock Exchange URL within the disclosure.

Which broker handled the Lloyds Banking Group (LYG) share repurchases?

Goldman Sachs International acted as broker for the buyback, executing trades in Lloyds Banking Group’s ordinary shares on 07 April 2026. The broker carried out purchases under prior instructions given by the company as part of its ongoing share buyback programme.