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Lloyds Banking Group Buys Back and Cancels 5 Million Shares

Story Highlights
  • Lloyds Banking Group repurchased 5 million ordinary shares under its buyback programme.
  • The bank will cancel these shares, reducing share count and signalling capital strength.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Banking Group Buys Back and Cancels 5 Million Shares

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

Lloyds Banking Group has repurchased 5 million of its ordinary shares on 4 February 2026 as part of its previously announced share buyback programme, with prices ranging between 112.35p and 114.00p per share and a volume-weighted average price of 113.4871p. The bank intends to cancel the repurchased shares, a move that will reduce the number of shares in circulation and can enhance earnings per share, underlining ongoing capital management efforts and potentially signalling confidence in its financial position to 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 UK-based financial services institution focused on retail and commercial banking, offering services such as current and savings accounts, mortgages, loans, and business banking to individuals and companies primarily in the UK market.

Average Trading Volume: 150,209,156

Technical Sentiment Signal: Buy

Current Market Cap: £65.6B

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

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