[6-K] Lloyds Banking Group plc Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Lloyds Banking Group announced a share buyback execution on 17 September 2025, purchasing 3,315,350 ordinary shares from Morgan Stanley & Co. International plc under its existing repurchase programme. The purchases were made at a highest price of 83.3800 pence, a lowest price of 82.5600 pence, and a volume weighted average price of 82.9453 pence.

The company says these purchases were effected under instructions given on 20 February 2025 and that it intends to cancel the acquired shares. A full breakdown of individual trades is available via the linked schedule to the announcement.

Positive

• Executed share repurchase of 3,315,350 ordinary shares on 17 September 2025 under the announced programme
• Intention to cancel the repurchased shares, which will reduce share count and can be EPS-accretive
• Complete trade disclosure provided including highest, lowest and VWAP prices and a link to the full trade schedule

Negative

• None.

Insights

Financial Analyst

TL;DR: A material repurchase of 3.32 million shares at a VWAP of 82.9453p, reducing outstanding share count if cancelled.

The buyback execution signals active capital return under Lloyds' announced programme and will be marginally accretive to earnings per share once the shares are cancelled. The trade sizes and VWAP provide transparency on the daily execution cost. While the amount is small relative to the group's market capitalisation, consistent repurchases can support EPS and return of excess capital to shareholders.

Corporate Governance Expert

TL;DR: The company followed its previously disclosed authorisation and complied with disclosure rules by publishing trade details and a trade schedule link.

Notifying the market of the broker, trade volumes, price range and intention to cancel aligns with regulatory expectations. The use of a disclosed programme with cancellations suggests management is prioritising capital efficiency. No governance concerns are evident from the announcement itself.

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

17 September 2025

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, 17 September 2025

           re: Transaction in Own Shares

17 September 2025

TRANSACTIONS IN OWN SECURITIES

Lloyds Banking Group plc (the "Company") announces today that it has purchased the following number of its ordinary shares, from Morgan Stanley & Co. International plc (the "Broker").

Ordinary Shares

Date of purchases: 17 September 2025

Number of ordinary shares purchased: 3,315,350

Highest price paid per share (pence): 83.3800

Lowest price paid per share (pence): 82.5600

Volume weighted average price paid per share (pence): 82.9453

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 20 February 2025, as announced on 21 February 2025.

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/7733Z_1-2025-9-17.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: 17 September 2025

FAQ

What did Lloyds Banking Group (LYG) announce on 17 September 2025?

The company announced it purchased 3,315,350 ordinary shares on 17 September 2025 as part of its buyback programme.

At what prices were the shares repurchased by LYG on 17 September 2025?

The highest price paid was 83.3800 pence, the lowest was 82.5600 pence, and the VWAP was 82.9453 pence.

Who executed the share purchases for Lloyds Banking Group?

The purchases were made from Morgan Stanley & Co. International plc acting as the broker.

Will Lloyds Banking Group cancel the repurchased shares?

Yes, the company stated it intends to cancel the repurchased shares.

Where can I find the detailed breakdown of individual trades?

A full breakdown is available in the schedule linked in the announcement at http://www.rns-pdf.londonstockexchange.com/rns/7733Z_1-2025-9-17.pdf.