Lloyds Banking Group Advances £1.75bn Share Buyback With Further Share Purchases

Lloyds Banking ( (GB:LLOY) ) has issued an update.

Lloyds Banking Group has continued its existing share buyback programme, repurchasing 7 million ordinary shares on 27 February 2026 through Goldman Sachs International at a volume-weighted average price of 103.2522 pence. The bank plans to cancel these shares, reinforcing efforts to optimise its capital structure and return surplus capital to shareholders.

Since the launch of the up to £1.75 billion buyback on 30 January 2026, Lloyds has acquired 200,094,019 shares for a total consideration of £208.54 million. The ongoing repurchases underscore management’s confidence in the group’s financial position and are likely to provide earnings-per-share support and additional value for investors over time.

The most recent analyst rating on (GB:LLOY) stock is a Buy with a £125.00 price target. To see the full list of analyst forecasts on Lloyds Banking stock, see the GB:LLOY Stock Forecast page.

Spark’s Take on GB:LLOY Stock

According to Spark, TipRanks’ AI Analyst, GB:LLOY is a Neutral.

The score is driven primarily by a strong, upgrade-supported earnings outlook and capital return plan from the latest call. This is tempered by weaker underlying financial quality signals (higher leverage and negative free cash flow in the last two years). Technically the trend is positive, but overbought indicators add near-term risk, while valuation and yield are supportive but not standout.

To see Spark’s full report on GB:LLOY stock, click here.

More about Lloyds Banking

Lloyds Banking Group is a major UK-based financial services provider, offering retail and commercial banking, insurance, and wealth management products. The group focuses primarily on the UK market through brands such as Lloyds Bank, Halifax, and Bank of Scotland, serving millions of personal and business customers across the country.

Average Trading Volume: 177,773,192

Technical Sentiment Signal: Buy

Current Market Cap: £60.23B

See more data about LLOY stock on TipRanks’ Stock Analysis page.