Lloyds Banking (NYSE: LYG) repurchases 1M shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc has repurchased 1,000,000 ordinary shares on 20 April 2026 as part of its existing share buyback programme. The shares were bought from Goldman Sachs International, with prices between 102.4200p and 103.7400p, at a volume weighted average of 103.0323p, and the Company intends to cancel them.

Key Figures

Shares repurchased: 1,000,000 ordinary shares Highest price paid: 103.7400 pence per share Lowest price paid: 102.4200 pence per share +2 more

5 metrics

Shares repurchased 1,000,000 ordinary shares Transaction in own shares on 20 April 2026

Highest price paid 103.7400 pence per share Share buyback on 20 April 2026

Lowest price paid 102.4200 pence per share Share buyback on 20 April 2026

VWAP paid 103.0323 pence per share Volume weighted average price for 1,000,000 shares

Instruction date 29 January 2026 Date instructions were issued to broker

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) 103.0323"

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

"it has purchased the following number of its ordinary shares"

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

20 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, 20 April 2026

           re: Transaction in Own Shares

20 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: 20 April 2026

Number of ordinary shares purchased: 1,000,000

Highest price paid per share (pence): 103.7400

Lowest price paid per share (pence): 102.4200

Volume weighted average price paid per share (pence): 103.0323

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/2005B_1-2026-4-20.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: 20 April 2026

FAQ

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

Lloyds Banking Group announced it had repurchased 1,000,000 of its ordinary shares on 20 April 2026. The transaction forms part of its existing share buyback programme and the company intends to cancel all of the repurchased shares after the purchase.

How many Lloyds Banking Group (LYG) shares were bought back on 20 April 2026?

The company repurchased 1,000,000 ordinary shares on 20 April 2026. These shares were acquired from Goldman Sachs International under instructions issued on 29 January 2026 as part of its ongoing share buyback programme and are intended to be cancelled by the company.

At what prices did Lloyds Banking Group (LYG) repurchase its shares?

Lloyds Banking Group paid a highest price of 103.7400 pence and a lowest price of 102.4200 pence per share. The volume weighted average price for the 1,000,000 ordinary shares repurchased on 20 April 2026 was 103.0323 pence per share.

What will happen to the Lloyds Banking Group (LYG) shares repurchased on 20 April 2026?

The company intends to cancel all 1,000,000 ordinary shares it repurchased on 20 April 2026. The cancellation follows their acquisition under Lloyds Banking Group’s existing share buyback programme, executed through Goldman Sachs International as its broker.

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

Goldman Sachs International acted as broker for the share repurchases. It executed trades in 1,000,000 Lloyds Banking Group ordinary shares on 20 April 2026 under instructions issued by the company on 29 January 2026 as part of the buyback programme.

Where can investors find trade-level details of the Lloyds Banking Group (LYG) buyback?

The announcement states that a full breakdown of individual trades executed by Goldman Sachs International is provided in a schedule. This schedule is available via a linked RNS PDF on the London Stock Exchange website referenced in the communication.