Lloyds Banking Group Completes £1.7 Billion Share Buyback Programme

Lloyds Banking Group has successfully completed its £1.7 billion share buyback programme, initiated in February 2025. The programme involved the repurchase of over 2.2 billion ordinary shares, each with a nominal value of 10 pence, for an aggregate consideration of approximately £1.7 billion.

The buyback was executed as a means to return surplus capital to shareholders and to reduce the ordinary share capital of the company. All repurchased shares have been cancelled, resulting in a reduction of the total number of shares in issue.

As a result of the buyback, all issued ordinary shares now carry voting rights, with no shares held in treasury. This concentration of voting rights among a smaller pool of shares is expected to enhance shareholder value.

The completion of this buyback programme reflects Lloyds Banking Group's strong financial position and commitment to delivering value to its shareholders.