Lloyds Banking Group (LYG) repurchases 5,000,000 shares for cancellation
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc reported that it repurchased 5,000,000 of its ordinary shares on 24 June 2026 through Goldman Sachs International. The shares were bought at prices between 107.5500 and 108.9000 pence, with a volume weighted average price of 108.3071 pence.
These purchases form part of the company’s existing share buyback programme based on instructions issued on 29 January 2026. Lloyds Banking Group intends to cancel all of the repurchased shares, which will reduce the number of shares in circulation.
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Key Figures
Shares repurchased: 5,000,000 shares
Highest price paid: 108.9000 pence/share
Lowest price paid: 107.5500 pence/share
+2 more
5 metrics
Shares repurchased
5,000,000 shares
Ordinary shares bought on 24 June 2026
Highest price paid
108.9000 pence/share
Repurchase on 24 June 2026
Lowest price paid
107.5500 pence/share
Repurchase on 24 June 2026
VWAP repurchase price
108.3071 pence/share
Volume weighted average on 24 June 2026
Buyback instruction date
29 January 2026
Instructions issued to broker
Key Terms
share buyback programme, volume weighted average price, Market Abuse Regulation, Regulatory News Service Announcement
4 terms
volume weighted average price financial
"Volume weighted average price paid per share (pence) 108.3071"
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, 24 June 2026 re: Transaction in Own Shares"
FAQ
What did Lloyds Banking Group (LYG) announce in this 6-K filing?
Lloyds Banking Group announced it repurchased 5,000,000 ordinary shares on 24 June 2026. The buyback was executed through Goldman Sachs International as part of its existing share buyback programme.
Where can investors find the detailed trade breakdown for the LYG buyback?
A full breakdown of individual trades is available via a schedule linked in the announcement. The link directs to an RNS PDF on the London Stock Exchange website, detailing each transaction executed under the buyback programme.
