Lloyds Banking Group (LYG) repurchases 24.7M shares in £1.75B buyback
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reported another day of activity under its existing share buyback programme. On 31 March 2026, the company repurchased 24,683,770 ordinary shares from Goldman Sachs International, paying between 91.2600 and 93.2600 pence per share, with a volume-weighted average price of 92.5327 pence.
The repurchased shares will be cancelled, reducing the overall share count. Since the buyback programme to repurchase up to £1.75 billion of ordinary shares began, Lloyds has bought 645,317,659 shares for a total consideration of 630,473,931.06, signalling substantial ongoing capital return to shareholders.
Positive
- None.
Negative
- None.
Key Figures
Shares repurchased on 31 March 2026: 24,683,770 shares
Highest price paid: 93.2600 pence/share
Lowest price paid: 91.2600 pence/share
+4 more
7 metrics
Shares repurchased on 31 March 2026
24,683,770 shares
Daily buyback volume from broker Goldman Sachs International
Highest price paid
93.2600 pence/share
Daily buyback on 31 March 2026
Lowest price paid
91.2600 pence/share
Daily buyback on 31 March 2026
Volume-weighted average price
92.5327 pence/share
Blended price for 31 March 2026 repurchases
Buyback programme size
£1.75 billion
Maximum amount of ordinary shares targeted
Total shares repurchased to date
645,317,659 shares
Cumulative buybacks since programme commencement
Total consideration to date
630,473,931.06
Aggregate cost of shares repurchased under programme
Key Terms
share buyback programme, Volume weighted average price, Market Abuse Regulation, Regulatory News Service Announcement
4 terms
Volume weighted average price financial
"Volume weighted average price paid per share (pence) 92.5327"
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 Announcement regulatory
"Regulatory News Service Announcement, 31 March 2026 re: Transaction in Own Shares"
FAQ
What did Lloyds Banking Group (LYG) announce in this 6-K filing?
Lloyds Banking Group announced it bought 24,683,770 ordinary shares on 31 March 2026 as part of its ongoing share buyback programme. The shares were repurchased from Goldman Sachs International and are intended to be cancelled, reducing the company’s outstanding share count over time.