Lloyds Banking Group (NYSE: LYG) repurchases 20M shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it repurchased 20,000,000 of its ordinary shares on 06 May 2026 through Goldman Sachs International under its existing share buyback programme. The highest price paid was 100.0000 pence per share, the lowest was 97.9600 pence, and the volume-weighted average price was 99.2954 pence. The Company intends to cancel all of these repurchased shares.

Key Figures

Shares repurchased: 20,000,000 shares Highest repurchase price: 100.0000 pence per share Lowest repurchase price: 97.9600 pence per share +3 more

6 metrics

Shares repurchased 20,000,000 shares Ordinary shares bought back on 06 May 2026

Highest repurchase price 100.0000 pence per share Maximum price paid on 06 May 2026

Lowest repurchase price 97.9600 pence per share Minimum price paid on 06 May 2026

Volume-weighted average price 99.2954 pence per share VWAP for 20,000,000 shares on 06 May 2026

Buyback instruction date 29 January 2026 Date instructions were issued to the broker

Announcement date 06 May 2026 Date of transactions and regulatory news announcement

Key Terms

share buyback programme, volume weighted average price, Market Abuse Regulation, ordinary shares

4 terms

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) 99.2954"

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.

ordinary shares financial

"it has purchased the following number of its ordinary shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 6-K: How Foreign Companies Report to the SEC →

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

 06 May 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, 06 May 2026

           re: Transaction in Own Shares

06 May 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: 06 May 2026

Number of ordinary shares purchased: 20,000,000

Highest price paid per share (pence): 100.0000

Lowest price paid per share (pence): 97.9600

Volume weighted average price paid per share (pence): 99.2954

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/3141D_1-2026-5-6.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: 06 May 2026

FAQ

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

Lloyds Banking Group announced it repurchased 20,000,000 ordinary shares on 06 May 2026. The buyback was executed through Goldman Sachs International under its existing share buyback programme and the company intends to cancel all of the repurchased shares.

How many Lloyds Banking Group (LYG) shares were repurchased on 06 May 2026?

Lloyds Banking Group repurchased 20,000,000 ordinary shares on 06 May 2026. These transactions were carried out by Goldman Sachs International as broker, following instructions issued on 29 January 2026 under the company’s existing share buyback programme.

At what prices did Lloyds Banking Group (LYG) repurchase its shares?

Lloyds Banking Group paid a highest price of 100.0000 pence and a lowest price of 97.9600 pence per ordinary share. The volume-weighted average price for the 20,000,000 repurchased shares on 06 May 2026 was 99.2954 pence.

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

Lloyds Banking Group intends to cancel all 20,000,000 ordinary shares it repurchased on 06 May 2026. Cancellation removes these shares from circulation, consistent with the purpose of its existing share buyback programme described in the announcement.

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

Goldman Sachs International acted as broker for Lloyds Banking Group’s repurchase of 20,000,000 ordinary shares on 06 May 2026. The trades were carried out under instructions issued by the company on 29 January 2026 as part of its existing share buyback programme.

Where can investors see the detailed Lloyds Banking Group (LYG) trade breakdown?

A full breakdown of the individual trades for Lloyds Banking Group’s 06 May 2026 buyback is available via a linked schedule. The announcement provides an RNS PDF link containing all trades executed by Goldman Sachs International on behalf of the company.