Lloyds Banking Group (LYG) repurchases 15,000,000 shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it bought back 15,000,000 of its ordinary shares on 24 February 2026 through Goldman Sachs International under its existing share buyback programme.

The shares were repurchased at prices between 101.2000 and 102.9000 pence, with a volume‑weighted average price of 102.2666 pence, and the company intends to cancel all of these shares.

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

24 February 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, 24 February 2026

           re: Transaction in Own Shares

24 February 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: 24 February 2026

Number of ordinary shares purchased: 15,000,000

Highest price paid per share (pence): 102.9000

Lowest price paid per share (pence): 101.2000

Volume weighted average price paid per share (pence): 102.2666

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/2427U_1-2026-2-24.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: 24 February 2026

FAQ

What share repurchase did LLOYDS BANKING GROUP (LYG) report on 24 February 2026?

Lloyds Banking Group reported buying back 15,000,000 ordinary shares on 24 February 2026. The transaction was executed through Goldman Sachs International as part of its existing share buyback programme, with the company planning to cancel all repurchased shares.

What prices did LLOYDS BANKING GROUP (LYG) pay in its latest share buyback?

In the 24 February 2026 buyback, Lloyds Banking Group paid between 101.2000 and 102.9000 pence per ordinary share. The volume weighted average price was 102.2666 pence, reflecting the blended cost across all 15,000,000 shares repurchased that day.

Will the repurchased LLOYDS BANKING GROUP (LYG) shares be cancelled?

Yes, Lloyds Banking Group stated it intends to cancel all 15,000,000 ordinary shares repurchased on 24 February 2026. Cancelling these shares reduces the total number of shares in issue, potentially affecting per-share financial metrics going forward.

Which broker handled LLOYDS BANKING GROUP (LYG)’s 24 February 2026 buyback?

Goldman Sachs International acted as broker for Lloyds Banking Group’s 24 February 2026 share repurchase. The broker executed market purchases of 15,000,000 ordinary shares under instructions issued on 29 January 2026 as part of the ongoing buyback programme.

Where can investors see trade-level details of LLOYDS BANKING GROUP (LYG)’s buyback?

Lloyds Banking Group provided a schedule with a full breakdown of individual trades executed by Goldman Sachs International. The schedule is available via an RNS-hosted PDF link referenced in the announcement, complying with Article 5(1)(b) of the Market Abuse Regulation.

Is the 24 February 2026 transaction part of an existing LLOYDS BANKING GROUP (LYG) programme?

Yes, the 24 February 2026 share repurchase forms part of Lloyds Banking Group’s existing share buyback programme. The purchases were made under instructions issued to Goldman Sachs International on 29 January 2026 and previously announced on 30 January 2026.