Lloyds (NYSE: LYG) repurchases 13.0m shares for cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reported that it bought back 13,036,387 ordinary shares on 16 March 2026 as part of its existing share buyback programme. The shares were repurchased from Goldman Sachs International at prices between 93.9200p and 96.0800p, with a volume-weighted average price of 95.1066p per share. The company intends to cancel all of these repurchased shares, which will reduce the total number of shares in issue once the cancellation is completed.
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FAQ
What did Lloyds Banking Group (LYG) announce in this 6-K filing?
Lloyds Banking Group announced it repurchased 13,036,387 ordinary shares on 16 March 2026. The buyback was executed through Goldman Sachs International under an existing share buyback programme, and the company plans to cancel all of these shares.
Where can investors find the detailed trade breakdown for the Lloyds (LYG) buyback?
Lloyds provided a schedule with a full breakdown of individual trades executed by Goldman Sachs International. This schedule is available via a linked PDF on the London Stock Exchange website referenced in the announcement for further transaction-level detail.
Was this Lloyds (LYG) buyback part of a previously announced programme?
Yes, the company confirmed these purchases form part of its existing share buyback programme. The trades were carried out pursuant to instructions issued to Goldman Sachs International on 29 January 2026, which were publicly announced on 30 January 2026.