Lloyds Banking Group (LYG) repurchases 7.5M shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reported a routine share buyback transaction. On 23 April 2026, the company purchased 7,542,332 of its ordinary shares from Goldman Sachs International under its existing share buyback programme. The highest price paid was 99.2600 pence per share, the lowest was 98.1600 pence, and the volume weighted average price was 98.8528 pence. Lloyds intends to cancel all of these repurchased shares.

Key Figures

Shares repurchased: 7,542,332 shares Highest price paid: 99.2600 pence/share Lowest price paid: 98.1600 pence/share +2 more

5 metrics

Shares repurchased 7,542,332 shares Ordinary shares bought on 23 April 2026

Highest price paid 99.2600 pence/share Buyback on 23 April 2026

Lowest price paid 98.1600 pence/share Buyback on 23 April 2026

Volume weighted average price 98.8528 pence/share Ordinary share buyback 23 April 2026

Buyback trade date 23 April 2026 Transactions in own securities

Key Terms

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

3 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) 98.8528"

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.

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

 23 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, 23 April 2026

           re: Transaction in Own Shares

 

23 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: 23 April 2026

Number of ordinary shares purchased: 7,542,332

Highest price paid per share (pence): 99.2600

Lowest price paid per share (pence): 98.1600

Volume weighted average price paid per share (pence): 98.8528

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/7354B_1-2026-4-23.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: 23 April 2026

FAQ

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

Lloyds Banking Group announced that it repurchased 7,542,332 ordinary shares on 23 April 2026 from Goldman Sachs International under its existing share buyback programme. The company intends to cancel all of these shares after purchase.

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

Lloyds repurchased 7,542,332 ordinary shares. The highest price paid per share was 99.2600 pence, the lowest price was 98.1600 pence, and the volume weighted average price across all trades that day was 98.8528 pence per share.

Will the repurchased Lloyds (LYG) shares remain in treasury or be cancelled?

Lloyds stated that it intends to cancel all 7,542,332 ordinary shares repurchased on 23 April 2026. Cancelling shares permanently removes them from circulation, reducing the company’s total number of outstanding ordinary shares.

Who executed the Lloyds (LYG) share buyback trades on 23 April 2026?

The share buyback trades were executed by Goldman Sachs International, acting as broker for Lloyds Banking Group. The purchases were carried out pursuant to instructions issued by the company on 29 January 2026 under its existing buyback programme.

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

The company provided a link to a schedule containing a full breakdown of individual trades made by Goldman Sachs International on 23 April 2026 as part of the buyback programme, hosted on the London Stock Exchange’s RNS document platform.