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Lloyds Banking Group Buys Back 7 Million Shares for Cancellation

Story Highlights
  • Lloyds Banking Group repurchased 7 million ordinary shares on 5 February 2026.
  • The repurchased shares will be cancelled, tightening share count and supporting shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Banking Group Buys Back 7 Million Shares for Cancellation

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An update from Lloyds Banking ( (GB:LLOY) ) is now available.

Lloyds Banking Group has repurchased 7 million of its ordinary shares on 5 February 2026 as part of its ongoing share buyback programme, paying a volume-weighted average price of 106.8555 pence per share within a trading range of 105.6 to 109.25 pence. The bank intends to cancel the repurchased shares, a move that will reduce its share count and may enhance earnings per share and capital efficiency, underscoring management’s continued focus on capital returns to shareholders within its existing buyback framework.

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 UK-based financial services group focused on retail and commercial banking, offering a broad range of banking and financial products to individuals, businesses and institutions, and is listed on the London Stock Exchange.

Average Trading Volume: 149,728,396

Technical Sentiment Signal: Buy

Current Market Cap: £65.95B

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

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