Lloyds Banking (NYSE: LYG) repurchases 7,000,000 shares in buyback
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reports that it repurchased 7,000,000 ordinary shares on 27 February 2026 from Goldman Sachs International under its ongoing share buyback programme. The shares were bought at prices between 101.7000 and 105.0000 pence, with a volume-weighted average price of 103.2522 pence.
The company states that it intends to cancel these shares. Since launching the buyback to repurchase up to £1.75 billion of ordinary shares, Lloyds has bought 200,094,019 shares for total consideration of £208,538,634.69.
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FAQ
What did Lloyds Banking Group (LYG) announce in this 6-K filing?
Lloyds Banking Group plc announced it repurchased 7,000,000 ordinary shares on 27 February 2026 from Goldman Sachs International as part of its ongoing share buyback programme, with the intention to cancel all of these repurchased shares.
How much has Lloyds (LYG) spent so far under its £1.75 billion buyback?
Since the start of its share buyback programme, Lloyds Banking Group has purchased 200,094,019 ordinary shares for total consideration of £208,538,634.69, reducing its share count through ongoing market repurchases and planned cancellation of the acquired shares.