Lloyds Banking Group Buys Back 5 Million Shares for Cancellation

Lloyds Banking ( (GB:LLOY) ) just unveiled an announcement.

Lloyds Banking Group has repurchased 5,000,000 of its ordinary shares on 18 February 2026 as part of its ongoing share buyback programme, with a volume-weighted average price of 104.5978 pence per share and prices ranging between 103.6000 and 105.2500 pence. The shares, bought from Goldman Sachs International under previously issued instructions, will be cancelled, incrementally reducing the company’s share count and potentially enhancing earnings per share and capital efficiency for investors.

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 U.K. banking and financial services group, providing retail and commercial banking, lending, savings and insurance products to individuals and businesses. It is a domestically focused institution with a significant share of the U.K. retail banking market and plays a key role in the country’s financial system.

Average Trading Volume: 166,394,037

Technical Sentiment Signal: Buy

Current Market Cap: £59.03B

Learn more about LLOY stock on TipRanks’ Stock Analysis page.