Lloyds Banking Group (NYSE: LYG) repurchases 9.5M shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it repurchased 9,499,296 of its ordinary shares on 02 April 2026 from Goldman Sachs International under its existing share buyback programme. The highest price paid was 97.4600 pence per share, the lowest was 95.4800 pence, and the volume weighted average price was 96.6426 pence. The company intends to cancel all of these repurchased shares.

Key Figures

Shares repurchased: 9,499,296 shares Highest repurchase price: 97.4600 pence per share Lowest repurchase price: 95.4800 pence per share +2 more

5 metrics

Shares repurchased 9,499,296 shares Ordinary shares bought back on 02 April 2026

Highest repurchase price 97.4600 pence per share Maximum price paid on 02 April 2026

Lowest repurchase price 95.4800 pence per share Minimum price paid on 02 April 2026

VWAP repurchase price 96.6426 pence per share Volume weighted average price on 02 April 2026

Buyback instruction date 29 January 2026 Date instructions issued to broker

Key Terms

share buyback programme, Volume weighted average price, Market Abuse Regulation, Regulatory News Service

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)"

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 regulatory

"Regulatory News Service Announcement, 02 April 2026 re: Transaction in Own Shares"

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

02 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, 02 April 2026

           re: Transaction in Own Shares

02 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: 02 April 2026

Number of ordinary shares purchased: 9,499,296

Highest price paid per share (pence): 97.4600

Lowest price paid per share (pence): 95.4800

Volume weighted average price paid per share (pence): 96.6426

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/3404Z_1-2026-4-2.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: 02 April 2026

FAQ

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

Lloyds Banking Group announced it repurchased 9,499,296 ordinary shares on 02 April 2026 under its existing share buyback programme, with all repurchased shares intended to be cancelled, reducing the number of shares in circulation.

How many Lloyds Banking Group (LYG) shares were bought back on 02 April 2026?

The company bought back 9,499,296 ordinary shares on 02 April 2026. These shares were repurchased from Goldman Sachs International as part of an existing share buyback programme and are intended to be cancelled by Lloyds Banking Group.

What prices did Lloyds Banking Group (LYG) pay for the repurchased shares?

Lloyds Banking Group paid a highest price of 97.4600 pence and a lowest price of 95.4800 pence per share, with a volume weighted average price of 96.6426 pence for the 9,499,296 ordinary shares repurchased on 02 April 2026.

Will the repurchased Lloyds Banking Group (LYG) shares be cancelled?

Yes, Lloyds Banking Group stated it intends to cancel all 9,499,296 ordinary shares repurchased on 02 April 2026, which will permanently remove these shares from circulation and reduce the company’s issued share capital accordingly.

Who executed the share buyback for Lloyds Banking Group (LYG)?

Goldman Sachs International acted as the broker executing the repurchase of 9,499,296 Lloyds Banking Group ordinary shares on 02 April 2026, following instructions issued by the company on 29 January 2026 under its existing share buyback programme.

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

A full breakdown of individual trades executed by Goldman Sachs International for the share buyback is available via a schedule linked in the announcement at http://www.rns-pdf.londonstockexchange.com/rns/3404Z_1-2026-4-2.pdf, provided alongside the company’s summary disclosure.