Lloyds Banking Group (NYSE: LYG) repurchases 5,456,645 shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that on 21 May 2026 it repurchased 5,456,645 ordinary shares from Goldman Sachs International under its existing share buyback programme.

The shares were bought at prices between 97.6600 and 99.8000 pence, with a volume weighted average price of 98.8215 pence, and the Company intends to cancel all repurchased shares.

Key Figures

Shares repurchased: 5,456,645 shares Highest price paid: 99.8000 pence per share Lowest price paid: 97.6600 pence per share +2 more

5 metrics

Shares repurchased 5,456,645 shares Ordinary shares bought on 21 May 2026

Highest price paid 99.8000 pence per share Maximum buyback price on 21 May 2026

Lowest price paid 97.6600 pence per share Minimum buyback price on 21 May 2026

VWAP 98.8215 pence per share Volume weighted average price on 21 May 2026 repurchases

Regulatory reference Article 5(1)(b), Regulation (EU) No 596/2014 Market Abuse Regulation disclosure for buyback trades

Key Terms

share buyback programme, Volume weighted average price, Market Abuse Regulation, Regulation (EU) No 596/2014

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) 98.8215"

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.

Regulation (EU) No 596/2014 regulatory

"In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)"

A European Union law that sets rules to prevent insider trading and market manipulation by requiring timely public disclosure of confidential company information that could affect share prices, and by governing trades by company insiders and communication rules. It matters to investors because it helps keep markets fair and transparent—like a rulebook and referee for trading—so prices reflect publicly available facts and investors can trust markets are not being rigged by people with secret information.

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

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

 21 May 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, 21 May 2026

           re: Transaction in Own Shares

21 May 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: 21 May 2026

Number of ordinary shares purchased: 5,456,645

Highest price paid per share (pence): 99.8000

Lowest price paid per share (pence): 97.6600

Volume weighted average price paid per share (pence): 98.8215

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/3554F_1-2026-5-21.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: 21 May 2026

FAQ

How many shares did Lloyds Banking Group (LYG) repurchase on 21 May 2026?

Lloyds Banking Group repurchased 5,456,645 ordinary shares on 21 May 2026. These shares were bought from Goldman Sachs International under its existing buyback programme and are intended to be cancelled, reducing the company’s outstanding share count over time.

What prices did Lloyds Banking Group (LYG) pay for its share buyback on 21 May 2026?

On 21 May 2026, Lloyds Banking Group paid between 97.6600 and 99.8000 pence per ordinary share. The volume weighted average price was 98.8215 pence, reflecting the blended cost across all 5,456,645 shares repurchased that day.

Who executed the 21 May 2026 share repurchases for Lloyds Banking Group (LYG)?

Goldman Sachs International acted as broker for Lloyds Banking Group’s 21 May 2026 share repurchases. The trades were carried out under instructions issued by the company on 29 January 2026 as part of its existing share buyback programme.

What will Lloyds Banking Group (LYG) do with the shares repurchased on 21 May 2026?

Lloyds Banking Group intends to cancel all 5,456,645 ordinary shares repurchased on 21 May 2026. Cancelling repurchased shares permanently removes them from circulation, which can increase each remaining share’s proportionate claim on the company’s earnings and assets.

Where can investors find the detailed trade breakdown for Lloyds Banking Group’s 21 May 2026 buyback?

A full breakdown of the individual trades executed on 21 May 2026 is provided in a schedule linked from the announcement. The document is available via an RNS-hosted PDF at the londonstockexchange.com address specified in the communication.