Lloyds Banking Group (NYSE: LYG) repurchases 10m shares for cancellation

Rhea-AI Filing Summary

Lloyds Banking Group plc reports it has repurchased 10,000,000 of its ordinary shares from Goldman Sachs International as part of its existing share buyback programme. The shares were bought on 08 June 2026 at prices between 98.3000 pence and 100.0000 pence, with a volume weighted average price of 99.4114 pence. The company intends to cancel all of these repurchased shares, permanently removing them from circulation.

Key Figures

Shares repurchased: 10,000,000 ordinary shares Highest price paid: 100.0000 pence per share Lowest price paid: 98.3000 pence per share +3 more

6 metrics

Shares repurchased 10,000,000 ordinary shares Repurchased on 08 June 2026 under buyback programme

Highest price paid 100.0000 pence per share Maximum price during 08 June 2026 repurchases

Lowest price paid 98.3000 pence per share Minimum price during 08 June 2026 repurchases

Volume weighted average price 99.4114 pence per share Average price across all 10,000,000 shares on 08 June 2026

Buyback instruction date 29 January 2026 Date instructions were issued to the broker

Announcement date 30 January 2026 Date buyback instructions were announced

Key Terms

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

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) 99.4114"

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, 08 June 2026 re: Transaction in Own Shares"

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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

 08 June 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, 08 June 2026

           re: Transaction in Own Shares

08 June 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: 08 June 2026

Number of ordinary shares purchased: 10,000,000

Highest price paid per share (pence): 100.0000

Lowest price paid per share (pence): 98.3000

Volume weighted average price paid per share (pence): 99.4114

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/4692H_1-2026-6-8.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: 08 June 2026

FAQ

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

Lloyds Banking Group announced it repurchased 10,000,000 ordinary shares from Goldman Sachs International on 08 June 2026. These purchases form part of its existing share buyback programme, and the company intends to cancel all the repurchased shares.

How many Lloyds Banking Group (LYG) shares were repurchased and from whom?

The company repurchased 10,000,000 ordinary shares from Goldman Sachs International, acting as broker. The transaction was executed under instructions issued on 29 January 2026, which were previously announced on 30 January 2026 as part of the established buyback programme.

What prices did Lloyds Banking Group (LYG) pay for the repurchased shares?

The highest price paid per ordinary share was 100.0000 pence and the lowest was 98.3000 pence. The volume weighted average price across all 10,000,000 shares repurchased on 08 June 2026 was 99.4114 pence per share.

What will Lloyds Banking Group (LYG) do with the repurchased shares?

The company intends to cancel all 10,000,000 repurchased ordinary shares. Cancellation means these shares will be permanently removed from circulation, rather than being held in treasury or reissued, which reduces the number of shares that remain outstanding.

Where can investors see the detailed trade breakdown for Lloyds Banking Group (LYG) buyback?

A full breakdown of individual trades executed by Goldman Sachs International is provided in a schedule linked in the announcement. The link directs to an RNS-hosted PDF detailing each transaction carried out as part of the 08 June 2026 buyback activity.

Under which regulation was Lloyds Banking Group (LYG) buyback disclosed?

The buyback disclosure references Article 5(1)(b) of Regulation (EU) No 596/2014, the Market Abuse Regulation, as it forms part of assimilated law under the EU (Withdrawal) Act 2018. This framework governs disclosure of share repurchase transactions in the market.