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Lloyds Banking Group (LYG) repurchases 5M shares for buyback programme

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it repurchased 5,000,000 of its ordinary shares on 01 July 2026 through Goldman Sachs International. The highest price paid was 112.1000 pence per share, the lowest was 110.5000 pence, and the volume weighted average price was 111.3618 pence.

These purchases form part of the company’s existing share buyback programme, made under instructions issued to the broker on 29 January 2026. Lloyds Banking Group intends to cancel the repurchased shares, which will reduce the number of ordinary shares in issue.

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Insights

Lloyds continues routine buybacks, retiring 5 million shares.

Lloyds Banking Group repurchased 5,000,000 ordinary shares on 01 July 2026 as part of its ongoing share buyback programme. Prices ranged from 110.5000 to 112.1000 pence, with a volume weighted average of 111.3618 pence.

Because the repurchased shares will be cancelled, this modestly reduces the ordinary share count and slightly concentrates ownership among remaining shareholders. The buyback was executed via Goldman Sachs International under previously issued instructions, indicating a pre-planned capital return rather than a new strategic shift.

Future company filings and buyback updates will indicate how much of the overall programme has been completed and how consistently Lloyds continues using this mechanism for capital management.

Shares repurchased 5,000,000 shares Ordinary shares bought back on 01 July 2026
Highest repurchase price 112.1000 pence/share Maximum price paid on 01 July 2026
Lowest repurchase price 110.5000 pence/share Minimum price paid on 01 July 2026
Volume weighted average price 111.3618 pence/share Average price for 5,000,000 shares on 01 July 2026
Programme reference date 29 January 2026 Date instructions were issued to the broker
share buyback programme financial
"Such purchases form part of the Company's existing share buyback programme"
A share buyback programme is when a company uses its cash to purchase its own shares from the market, reducing the number of shares available to other investors; imagine a bakery buying back coupons so fewer are circulating. It matters because cutting the share count can boost earnings per share and increase each remaining investor’s ownership stake, and it also signals management’s view of the stock while using cash that could have been spent on other priorities.
volume weighted average price financial
"Volume weighted average price paid per share (pence) 111.3618"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Market Abuse Regulation regulatory
"In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
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Learn about SEC filing dates
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
 
 
 01 July 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, 01 July 2026
           reTransaction in Own Shares
 
 
 
 
 
01 July 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: 01 July 2026
 
Number of ordinary shares purchased: 5,000,000
 
Highest price paid per share (pence): 112.1000
 
Lowest price paid per share (pence): 110.5000
 
Volume weighted average price paid per share (pence): 111.3618
  
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/6933K_1-2026-7-1.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: 01 July 2026

FAQ

What did Lloyds Banking Group (LYG) announce in this 6-K filing?

Lloyds Banking Group announced it repurchased 5,000,000 ordinary shares on 1 July 2026. The buyback, executed through Goldman Sachs International, forms part of its existing share buyback programme and all repurchased shares are intended to be cancelled, reducing the number of shares in issue.

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

Lloyds Banking Group bought back 5,000,000 ordinary shares on 1 July 2026. The highest price paid was 112.1000 pence per share, the lowest was 110.5000 pence, and the volume weighted average price was 111.3618 pence per share in this transaction.

Will the repurchased Lloyds Banking Group (LYG) shares be cancelled?

Yes, Lloyds Banking Group states it intends to cancel all 5,000,000 repurchased ordinary shares. Cancelling these shares permanently removes them from circulation, slightly reducing the total number of shares outstanding and modestly increasing each remaining share’s proportional claim on the company.

Who executed the Lloyds Banking Group (LYG) share buyback on 1 July 2026?

Goldman Sachs International acted as the broker for Lloyds Banking Group’s 1 July 2026 share repurchase. The transaction was carried out under instructions the company issued to the broker on 29 January 2026 as part of its pre-announced share buyback programme already in place.

Is this Lloyds Banking Group (LYG) buyback part of a wider programme?

The 5,000,000-share repurchase is part of Lloyds Banking Group’s existing share buyback programme. The company notes the purchases were effected according to instructions issued on 29 January 2026, indicating this transaction continues an already disclosed capital return framework rather than launching a new initiative.