Lloyds Banking Group (NYSE: LYG) steps up August share buybacks
Rhea-AI Filing Summary
Lloyds Banking Group plc (LYG) reports transactions in its own securities under existing share buyback programmes. Between 24 and 28 August 2026, the company repurchased multiple tranches of ordinary shares from Goldman Sachs International, at prices around 109–112 pence per share, and intends to cancel all shares bought.
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Filing Explained
The August 28 filing clarifies that all shares bought from August 24 through August 28 were under the buyback announced January 30; the program announced July 31 recorded zero purchases, and the bought shares are intended for cancellation.
Key Figures
Ordinary shares repurchased 24/08/2026: 8,000,000 shares
VWAP 24/08/2026: 111.4481 pence per share
Ordinary shares repurchased 27/08/2026: 17,073,868 shares
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6 metrics
Ordinary shares repurchased 24/08/2026
8,000,000 shares
Aggregate number of ordinary shares purchased under 30 January 2026 buyback
VWAP 24/08/2026
111.4481 pence per share
Volume weighted average price paid under 30 January 2026 buyback
Ordinary shares repurchased 27/08/2026
17,073,868 shares
Aggregate number of ordinary shares purchased under 30 January 2026 buyback
VWAP 27/08/2026
109.8050 pence per share
Volume weighted average price paid under 30 January 2026 buyback
Ordinary shares repurchased 28/08/2026
25,031,102 shares
Aggregate number of ordinary shares purchased under 30 January 2026 buyback
VWAP 28/08/2026
109.5478 pence per share
Volume weighted average price paid under 30 January 2026 buyback
Key Terms
share buyback programme, Volume weighted average price, Market Abuse Regulation, Foreign Private Issuer
4 terms
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.
Foreign Private Issuer regulatory
"Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
FAQ
What did LYG announce in this Form 6-K on 28 August 2026?
Lloyds Banking Group plc announced that it repurchased additional ordinary shares between 24 and 28 August 2026 under its existing share buyback programmes with Goldman Sachs International, and that it intends to cancel all of the repurchased shares.
What was the largest single-day LYG repurchase in this update?
In this update, the largest single-day repurchase occurred on 28 August 2026, when Lloyds Banking Group plc bought 25,031,102 ordinary shares at a volume weighted average price of 109.5478 pence per share under the 30 January 2026 buyback programme.
Where can investors see detailed trade data for the LYG buyback?
The company refers to a schedule with a full breakdown of individual trades made by Goldman Sachs International on behalf of Lloyds Banking Group plc, available via a linked PDF at http://www.rns-pdf.londonstockexchange.com/rns/7021S_1-2026-8-28.pdf.
AI-generated analysis. How Rhea-AI works. Not financial advice.
