Lloyds Banking Group (LYG) repurchases 22.8M shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reports that it repurchased 22,768,075 ordinary shares on 30 March 2026 under its existing share buyback programme. The shares were bought at prices between 89.6400 and 91.8600 pence, with a volume weighted average price of 90.8913 pence per share, and the Company intends to cancel them.

Key Figures

Shares repurchased: 22,768,075 shares Highest repurchase price: 91.8600 pence/share Lowest repurchase price: 89.6400 pence/share +3 more

6 metrics

Shares repurchased 22,768,075 shares Ordinary shares bought back on 30 March 2026

Highest repurchase price 91.8600 pence/share Maximum price paid on 30 March 2026

Lowest repurchase price 89.6400 pence/share Minimum price paid on 30 March 2026

VWAP repurchase price 90.8913 pence/share Volume weighted average price on 30 March 2026

Buyback instruction date 29 January 2026 Date Company instructed broker under programme

Announcement date 31 March 2026 Date of transactions in own securities announcement

Key Terms

share buyback programme, ordinary shares, volume weighted average price, Market Abuse Regulation, +1 more

5 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.

ordinary shares financial

"it has purchased the following number of its ordinary shares on 30 March 2026"

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.

volume weighted average price financial

"Volume weighted average price paid per share (pence) 90.8913"

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"

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

31 March 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, 31 March 2026

           re: Transaction in Own Shares

31 March 2026

TRANSACTIONS IN OWN SECURITIES

Lloyds Banking Group plc (the "Company") announces today that it has purchased the following number of its ordinary shares on 30 March 2026, from Goldman Sachs International (the "Broker").

Ordinary Shares

Date of purchases: 30 March 2026

Number of ordinary shares purchased: 22,768,075

Highest price paid per share (pence): 91.8600

Lowest price paid per share (pence): 89.6400

Volume weighted average price paid per share (pence): 90.8913

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/7089Y_1-2026-3-30.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: 31 March 2026

FAQ

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

Lloyds Banking Group announced that it repurchased 22,768,075 ordinary shares on 30 March 2026. These buybacks were made under its existing share buyback programme and the Company intends to cancel all of the repurchased shares.

How many Lloyds Banking Group (LYG) shares were repurchased on 30 March 2026?

The Company repurchased 22,768,075 ordinary shares on 30 March 2026. These purchases were executed by Goldman Sachs International under instructions issued on 29 January 2026 as part of Lloyds Banking Group’s existing share buyback programme.

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

Lloyds Banking Group repurchased shares at prices between 89.6400 and 91.8600 pence per share. The volume weighted average price paid for the 22,768,075 ordinary shares on 30 March 2026 was 90.8913 pence per share.

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

The Company intends to cancel all 22,768,075 ordinary shares repurchased on 30 March 2026. Cancelling repurchased shares reduces the number of ordinary shares in issue, consistent with the objectives of an existing share buyback programme.

Who executed the Lloyds Banking Group (LYG) share buybacks on 30 March 2026?

Goldman Sachs International acted as the broker for the share repurchases. It carried out the trades on behalf of Lloyds Banking Group as part of the Company’s existing share buyback programme under instructions issued on 29 January 2026.

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

A full breakdown of the individual trades executed by Goldman Sachs International is provided in a schedule linked in the announcement. The document is available via an RNS PDF link referenced in the filing for investors seeking transaction-level detail.