Lloyds Banking Group Advances £1.75bn Share Buyback With Latest Share Repurchase

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

Lloyds Banking Group has continued its ongoing share buyback programme with the repurchase of 24,683,770 ordinary shares on 31 March 2026, executed through Goldman Sachs International at a volume-weighted average price of 92.5327 pence. The bank intends to cancel these shares, which supports capital return to investors and can enhance earnings per share over time.

Since launching the up to £1.75 billion buyback on 30 January 2026, Lloyds has acquired a total of 645,317,659 ordinary shares for approximately £630.47 million, underscoring its strong capital position and commitment to distributing surplus capital. The continued scale of repurchases may reinforce investor confidence, while modestly reducing the company’s share count and potentially improving key per‑share metrics for shareholders.

The most recent analyst rating on (GB:LLOY) stock is a Buy with a £100.00 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 LLOY Stock

According to Spark, TipRanks’ AI Analyst, 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 LLOY stock, click here.

More about Lloyds Banking

Lloyds Banking Group is a major U.K. financial services group focused on retail and commercial banking, insurance, and wealth management. The group operates under well-known brands such as Lloyds Bank, Halifax, and Bank of Scotland, with a core market in the United Kingdom and a strategic emphasis on capital discipline and shareholder returns.

Average Trading Volume: 211,163,592

Technical Sentiment Signal: Buy

Current Market Cap: £53.43B

See more insights into LLOY stock on TipRanks’ Stock Analysis page.