Lloyds (NYSE: LYG) repurchases 13.0m shares for cancellation

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.

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

16 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, 16 March 2026

           re: Transaction in Own Shares

 

16 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, from Goldman Sachs International (the "Broker").

Ordinary Shares

Date of purchases: 16 March 2026

Number of ordinary shares purchased: 13,036,387

Highest price paid per share (pence): 96.0800

Lowest price paid per share (pence): 93.9200

Volume weighted average price paid per share (pence): 95.1066

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/8544W_1-2026-3-16.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: 16 March 2026

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.

How many Lloyds (LYG) shares were bought back and at what prices?

Lloyds repurchased 13,036,387 ordinary shares on 16 March 2026. The highest price paid was 96.0800 pence, the lowest price was 93.9200 pence, and the volume-weighted average price for the transaction was 95.1066 pence per share.

Will the repurchased Lloyds (LYG) shares be cancelled?

Yes, Lloyds Banking Group stated it intends to cancel all 13,036,387 ordinary shares bought back. Cancelling shares permanently removes them from circulation and reduces the total number of shares in issue after the cancellation is completed.

Who executed the Lloyds (LYG) share buyback trades on 16 March 2026?

Goldman Sachs International acted as broker for Lloyds Banking Group in this buyback. The broker executed the purchase of 13,036,387 ordinary shares on 16 March 2026 under instructions issued by Lloyds as part of its established share buyback programme.

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.