Lloyds Banking Group repurchases 10.6M shares under buyback plan
Rhea-AI Filing Summary
Lloyds Banking Group plc has reported a routine share buyback transaction carried out under its existing repurchase programme. On 25 November 2025, the company bought 10,643,698 ordinary shares from Morgan Stanley & Co. International plc. The highest price paid per share was 90.6400 pence, the lowest was 88.7600 pence, and the volume‑weighted average price was 89.9567 pence. Lloyds states that it intends to cancel all of these repurchased shares, which will reduce the number of shares in issue over time. A detailed schedule of individual trades executed by the broker is available via the linked schedule referenced in the announcement.
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Lloyds executes another buyback tranche, retiring over 10.6m shares.
Lloyds Banking Group reports repurchasing 10,643,698 ordinary shares on 25 November 2025 as part of its previously announced share buyback programme. The trades were executed through Morgan Stanley & Co. International plc at prices between 88.7600 pence and 90.6400 pence, with a volume‑weighted average of 89.9567 pence.
The company states that it intends to cancel all of these repurchased shares, which lowers the future share count and concentrates ownership among remaining shareholders. The trades were carried out under instructions issued on 20 February 2025, as previously announced, indicating this is part of an ongoing capital management plan rather than a new initiative.
The announcement notes that, under Article 5(1)(b) of the Market Abuse Regulation, a detailed schedule of individual trades is available via the provided link. Subsequent disclosures in future company communications may show the cumulative impact of the programme on total shares outstanding and regulatory capital ratios.