STOCK TITAN

Lloyds Banking Group (NYSE: LYG) repurchases 7M shares for cancellation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that it repurchased 7,000,000 ordinary shares on 17 July 2026 from Goldman Sachs International under its existing share buyback programme. The highest price paid was 111.1500 pence per share, the lowest was 109.0000 pence, and the volume weighted average price was 110.5046 pence per share.

These repurchases were carried out pursuant to instructions issued to the broker on 29 January 2026, as previously announced on 30 January 2026. Lloyds Banking Group plc states that it intends to cancel all 7,000,000 repurchased shares.

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Filing Explained

The 6-K confirms that Lloyds Banking Group completed the purchase of 7,000,000 ordinary shares on 17 July 2026, while cancellation is only stated as an intention; the filing therefore does not establish that those shares have yet been cancelled.

Shares repurchased 7,000,000 shares Number of ordinary shares purchased on 17 July 2026
Highest repurchase price 111.1500 pence per share Highest price paid per share on 17 July 2026
Lowest repurchase price 109.0000 pence per share Lowest price paid per share on 17 July 2026
VWAP repurchase price 110.5046 pence per share Volume weighted average price paid per share on 17 July 2026
Purchase date 17 July 2026 Date of purchases in the buyback transaction
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.
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.
volume weighted average price financial
"Volume weighted average price paid per share (pence)"
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.

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

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FAQ

What did Lloyds Banking Group (LYG) announce regarding its own shares on 17 July 2026?

Lloyds Banking Group plc announced it repurchased 7,000,000 ordinary shares on 17 July 2026 from Goldman Sachs International. The buyback forms part of its existing share buyback programme and the company intends to cancel all of these shares.

At what prices did Lloyds Banking Group (LYG) buy back shares on 17 July 2026?

On 17 July 2026, Lloyds Banking Group bought back shares at a highest price of 111.1500 pence and a lowest price of 109.0000 pence per share. The volume weighted average price paid was 110.5046 pence per share.

How many Lloyds Banking Group (LYG) shares will be cancelled from the 17 July 2026 buyback?

Lloyds Banking Group plc states it intends to cancel all 7,000,000 ordinary shares repurchased on 17 July 2026. These shares were acquired from Goldman Sachs International as part of the bank’s existing share buyback programme.

Which broker handled Lloyds Banking Group’s (LYG) 17 July 2026 share repurchase?

The 17 July 2026 repurchase of 7,000,000 ordinary shares for Lloyds Banking Group was executed by Goldman Sachs International. The broker acted under instructions issued by the company on 29 January 2026 under its established share buyback programme.

How does the 17 July 2026 transaction fit into Lloyds Banking Group’s (LYG) buyback programme?

The transaction is described as part of Lloyds Banking Group’s existing share buyback programme. It was executed under instructions given to Goldman Sachs International on 29 January 2026, which were first announced on 30 January 2026.
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
 
 
 17 July 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, 17 July 2026
           reTransaction in Own Shares
 
17 July 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: 17 July 2026
 
Number of ordinary shares purchased: 7,000,000
 
Highest price paid per share (pence): 111.1500
 
Lowest price paid per share (pence): 109.0000
 
Volume weighted average price paid per share (pence): 110.5046
 
 
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/8956M_1-2026-7-17.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: 17 July 2026