Lloyds buys back 7.5M shares for cancellation

Lloyds Banking Group plc has repurchased 7,500,000 of its ordinary shares as part of its existing share buyback programme.

Rhea-AI Filing Summary

Lloyds Banking Group plc has repurchased 7,500,000 of its ordinary shares as part of its existing share buyback programme. The shares were bought on 02 June 2026 from Goldman Sachs International at prices between 99.1200 and 101.4000 pence, with a volume weighted average price of 100.2609 pence per share. The Company intends to cancel all of these repurchased shares, permanently reducing the number of shares in issue.

Key Figures

Shares repurchased: 7,500,000 shares Highest price paid: 101.4000 pence per share Lowest price paid: 99.1200 pence per share +2 more

5 metrics

Shares repurchased 7,500,000 shares Ordinary shares bought on 02 June 2026

Highest price paid 101.4000 pence per share Repurchase on 02 June 2026

Lowest price paid 99.1200 pence per share Repurchase on 02 June 2026

VWAP 100.2609 pence per share Volume weighted average price for 7,500,000 shares

Transaction date 02 June 2026 Date of share repurchases

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) 100.2609"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Lloyds Banking Group announced it repurchased 7,500,000 ordinary shares on 02 June 2026. The transaction forms part of its existing share buyback programme and the company plans to cancel all the repurchased shares.

How many Lloyds Banking Group (LYG) shares were repurchased and on what date?

The company repurchased 7,500,000 ordinary shares on 02 June 2026. All purchases were executed through Goldman Sachs International as part of Lloyds Banking Group’s ongoing share buyback programme.

What prices did Lloyds Banking Group (LYG) pay for the repurchased shares?

Lloyds paid between 99.1200 and 101.4000 pence per share, with a volume weighted average price of 100.2609 pence. These prices apply to the 7,500,000 ordinary shares repurchased on 02 June 2026.

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

Lloyds Banking Group intends to cancel all 7,500,000 repurchased ordinary shares. Cancelling the shares permanently removes them from circulation and reduces the company’s total shares in issue after the transaction.

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

Goldman Sachs International acted as broker for the buyback, executing trades on behalf of Lloyds Banking Group. A detailed schedule of individual trades is available via the linked Regulatory News Service PDF in the announcement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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

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Accepted by SEC EDGAR 06/02/2026 - 01:39 PM EDT 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

 02 June 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, 02 June 2026

           re: Transaction in Own Shares

02 June 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: 02 June 2026

Number of ordinary shares purchased: 7,500,000

Highest price paid per share (pence): 101.4000

Lowest price paid per share (pence): 99.1200

Volume weighted average price paid per share (pence): 100.2609

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/7288G_1-2026-6-2.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: 02 June 2026