Lloyds Banking Group (NYSE: LYG) repurchases 8,943,277 shares for cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reported that it bought back 8,943,277 of its ordinary shares on 17 March 2026 through Goldman Sachs International under its existing share buyback programme. The highest price paid was 97.0800 pence, the lowest was 94.8000 pence, and the volume-weighted average price was 96.5224 pence.
The company states that it intends to cancel all of these repurchased shares, permanently reducing the share count. The trades were carried out under instructions issued on 29 January 2026, with a detailed transaction breakdown available via a linked schedule.
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FAQ
What did Lloyds Banking Group (LYG) announce in this Form 6-K?
Lloyds Banking Group announced that it repurchased 8,943,277 ordinary shares on 17 March 2026 through Goldman Sachs International. These trades were executed under its existing share buyback programme, with the company intending to cancel all repurchased shares to reduce its outstanding share count.
Is the Lloyds Banking Group (LYG) buyback part of a wider programme?
Yes, the share repurchase forms part of Lloyds Banking Group’s existing share buyback programme. The trades were executed by Goldman Sachs International under instructions issued by the company on 29 January 2026, which had previously been publicly announced on 30 January 2026.
Where can investors find detailed trade data for the Lloyds Banking Group (LYG) buyback?
A full breakdown of the individual trades executed by Goldman Sachs International on behalf of Lloyds Banking Group is available in a schedule linked from the announcement, hosted on the London Stock Exchange website as a PDF, in line with Market Abuse Regulation disclosure requirements.
