Lloyds buys 24.7M shares in ongoing buyback

Lloyds Banking Group plc reported another day of activity under its existing share buyback programme.

Rhea-AI Filing Summary

Lloyds Banking Group plc reported another day of activity under its existing share buyback programme. On 31 March 2026, the company repurchased 24,683,770 ordinary shares from Goldman Sachs International, paying between 91.2600 and 93.2600 pence per share, with a volume-weighted average price of 92.5327 pence.

The repurchased shares will be cancelled, reducing the overall share count. Since the buyback programme to repurchase up to £1.75 billion of ordinary shares began, Lloyds has bought 645,317,659 shares for a total consideration of 630,473,931.06, signalling substantial ongoing capital return to shareholders.

Key Figures

Shares repurchased on 31 March 2026: 24,683,770 shares Highest price paid: 93.2600 pence/share Lowest price paid: 91.2600 pence/share +4 more

7 metrics

Shares repurchased on 31 March 2026 24,683,770 shares Daily buyback volume from broker Goldman Sachs International

Highest price paid 93.2600 pence/share Daily buyback on 31 March 2026

Lowest price paid 91.2600 pence/share Daily buyback on 31 March 2026

Volume-weighted average price 92.5327 pence/share Blended price for 31 March 2026 repurchases

Buyback programme size £1.75 billion Maximum amount of ordinary shares targeted

Total shares repurchased to date 645,317,659 shares Cumulative buybacks since programme commencement

Total consideration to date 630,473,931.06 Aggregate cost of shares repurchased under programme

Key Terms

share buyback programme, Volume weighted average price, Market Abuse Regulation, Regulatory News Service Announcement

4 terms

share buyback programme financial

"Since the commencement of the share buyback programme to repurchase up to £1.75 billion of ordinary shares"

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) 92.5327"

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.

Regulatory News Service Announcement regulatory

"Regulatory News Service Announcement, 31 March 2026 re: Transaction in Own Shares"

FAQ

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

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

Lloyds Banking Group announced it bought 24,683,770 ordinary shares on 31 March 2026 as part of its ongoing share buyback programme. The shares were repurchased from Goldman Sachs International and are intended to be cancelled, reducing the company’s outstanding share count over time.

What prices did Lloyds (LYG) pay for the shares repurchased on 31 March 2026?

For the 31 March 2026 buyback, Lloyds paid a highest price of 93.2600 pence and a lowest price of 91.2600 pence per share. The volume-weighted average price was 92.5327 pence, reflecting the blended price across all shares bought that day.

How large is Lloyds Banking Group’s current share buyback programme?

Lloyds Banking Group is conducting a share buyback programme to repurchase up to £1.75 billion of its ordinary shares. This programme was previously announced and the latest purchases form part of that overall capital return to shareholders through reductions in the share count.

How many shares has Lloyds (LYG) repurchased so far under the buyback?

Since the start of the buyback programme, Lloyds has repurchased 645,317,659 ordinary shares. These shares have been bought for a total consideration of 630,473,931.06, representing a significant cumulative investment in reducing the company’s outstanding equity base.

What will Lloyds Banking Group do with the repurchased shares?

Lloyds Banking Group intends to cancel the 24,683,770 shares repurchased on 31 March 2026. Cancelling repurchased shares permanently removes them from circulation, which typically reduces the total number of shares outstanding and can increase each remaining share’s proportional ownership stake.

Who executed the share repurchases for Lloyds Banking Group on 31 March 2026?

The 24,683,770 ordinary shares were purchased from Goldman Sachs International, acting as the broker. The transactions were carried out under instructions Lloyds had issued to the broker and form part of the previously announced share buyback programme to repurchase up to £1.75 billion.

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 03/31/2026 - 01:33 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

31 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, 31 March 2026

           re: Transaction in Own Shares

 

31 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: 31 March 2026

Number of ordinary shares purchased: 24,683,770

Highest price paid per share (pence): 93.2600

Lowest price paid per share (pence): 91.2600

Volume weighted average price paid per share (pence): 92.5327

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/9346Y_1-2026-3-31.pdf

Since the commencement of the share buyback programme to repurchase up to £1.75 billion of ordinary shares, as announced on 30 January 2026, the Company has purchased 645,317,659.00 ordinary shares for a consideration of 630,473,931.06.

- 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: 31 March 2026