BuybackJul 31, 2026, 01:56 PM
Lloyds Banking Group Buys Back 500,000 Shares on July 31
AI Summary
Lloyds Banking Group plc announced the purchase of 500,000 of its ordinary shares on July 31, 2026, as part of its existing share buyback program. The shares were acquired at a volume weighted average price of 115.5592 pence and the company intends to cancel them. Since the program's commencement, Lloyds has repurchased over 1.3 billion shares for a total consideration exceeding £1.3 billion out of the £1.75 billion authorized program. The company also stated it will change its buyback reporting frequency to weekly, starting August 3, 2026.
Key Highlights
- Purchased 500,000 ordinary shares on July 31, 2026.
- Highest price paid per share was 116.5500 pence.
- Lowest price paid per share was 113.9000 pence.
- Volume weighted average price was 115.5592 pence.
- Intends to cancel the purchased shares.
- Total shares bought back since program start: 1,313,502,808 for £1,306,727,163.43.
- Share buyback program is for up to £1.75 billion.
- Will report daily buyback activity weekly starting August 3, 2026.
Price Impact
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