Lloyds Banking (NYSE: LYG) repurchases and cancels 20.5M shares

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that on 20 March 2026 it repurchased 20,500,000 ordinary shares from Goldman Sachs International under its existing share buyback programme. The shares were bought at prices between 91.0200 and 94.6600 pence, with a volume-weighted average price of 92.7057 pence.

The company states that it intends to cancel all of these repurchased shares, which will reduce the number of ordinary shares in issue. The trades were carried out pursuant to instructions issued on 29 January 2026, with full trade details available via the referenced schedule.

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

20 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, 20 March 2026

           re: Transaction in Own Shares

20 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: 20 March 2026

Number of ordinary shares purchased: 20,500,000

Highest price paid per share (pence): 94.6600

Lowest price paid per share (pence): 91.0200

Volume weighted average price paid per share (pence): 92.7057

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/5717X_1-2026-3-20.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: 20 March 2026

FAQ

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

Lloyds Banking Group announced it repurchased 20,500,000 ordinary shares on 20 March 2026 as part of its existing buyback programme. The company intends to cancel these shares, reducing its share count following the transaction with Goldman Sachs International as broker.

How many shares did Lloyds Banking Group (LYG) buy back and at what prices?

Lloyds Banking Group bought back 20,500,000 ordinary shares on 20 March 2026. The highest price paid was 94.6600 pence per share, the lowest was 91.0200 pence, and the volume-weighted average price was 92.7057 pence during the repurchase.

What will Lloyds Banking Group (LYG) do with the repurchased shares?

Lloyds Banking Group intends to cancel all 20,500,000 repurchased ordinary shares. Cancelling the shares permanently removes them from circulation, which reduces the total number of shares outstanding and can modestly increase each remaining share’s proportional ownership interest.

Which broker executed the Lloyds Banking Group (LYG) share buyback trades?

The buyback trades were executed by Goldman Sachs International acting as broker. Lloyds Banking Group appointed the broker under instructions issued on 29 January 2026, with individual transaction details set out in a trade schedule linked from the announcement.

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

Yes. The repurchase of 20,500,000 ordinary shares formed part of Lloyds Banking Group’s existing share buyback programme. The company had previously announced instructions to Goldman Sachs International on 29 January 2026 governing these repurchases under that broader programme.

Where can investors find detailed trade data for the Lloyds (LYG) buyback?

Detailed trade data is available in a schedule linked from the announcement at an RNS PDF URL. This schedule provides a full breakdown of each individual trade executed by Goldman Sachs International on behalf of Lloyds Banking Group during the buyback.