Company: LLOBF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001654954-25-001754
Chunk: 0

Company: Lloyds Banking Group plc
Filing Date: 2025-02-21
Form: 6-K
Chunk 0
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### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C.20549

#### FORM 6-K

#### Report of Foreign Private Issuer

#### Pursuant to Rule 13a-16 or 15d-16

#### of the Securities Exchange Act of 1934
<div align='center'>21 February 2025</div>

#### LLOYDS BANKING GROUP plc
<div align='center'>(Translation of registrant's name into English)</div>

#### 5th Floor

#### 25 Gresham Street

#### London

#### EC2V 7HN

#### United Kingdom
<div align='center'>(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</div>

Item

No. 1 Regulatory News Service Announcement, 21 February 2025

re: Commencement of Share Buyback Programme

21 February 2025

### LLOYDS BANKING GROUP COMMENCES SHARE

### BUYBACK PROGRAMME
Lloyds Banking Group plc (the " Company ") is today launching a share buyback programme to repurchase up to £1.7 billion of ordinary shares. The Company previously announced its intention to commence the programme on 20 February 2025.

The Company has entered into an agreement with Morgan Stanley & Co. International plc (the " Broker ") to conduct the share buyback programme on its behalf and to make trading decisions under the programme independently of the Company. Under the terms of the programme, the maximum consideration is £1.7 billion. The programme will commence on 21 February 2025 and will end no later than 31 December 2025. The sole purpose of the programme is to reduce the ordinary share capital of the Company.

The Broker will purchase the Company's ordinary shares as principal and sell them on to the Company in accordance with the terms of their engagement. The Company intends to cancel the shares it purchases through the programme.

Any purchases of ordinary shares by the Company in relation to this announcement will be made in accordance with certain pre-set parameters set out in the terms of the Broker's engagement, the general authority of the Company to repurchase shares granted by shareholders at the Company's annual general meeting held on 16 May 2024 (which permits the Company to purchase no more than 6,377,679,127