tiprankstipranks
Advertisement
Advertisement

Lloyds Banking Group Buys Back and Cancels 6 Million Shares

Story Highlights
  • Lloyds Banking Group repurchased 6 million ordinary shares under its ongoing buyback.
  • The bank will cancel these shares, aiming to improve capital efficiency and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Banking Group Buys Back and Cancels 6 Million Shares

Claim 55% Off TipRanks

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

Lloyds Banking Group has repurchased 6 million of its ordinary shares on 25 February 2026 as part of its ongoing share buyback programme, with prices ranging between 102.90 pence and 104.55 pence and a volume-weighted average price of 103.7803 pence. The bank intends to cancel the repurchased shares, which will reduce the number of shares in issue and is typically aimed at improving capital efficiency and enhancing returns for remaining shareholders.

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.-based financial services group focused on retail and commercial banking, insurance and wealth management. Through brands including Lloyds Bank, Halifax and Bank of Scotland, it provides a broad range of banking products to individuals, small businesses and larger corporates primarily in the U.K. market.

Average Trading Volume: 175,244,505

Technical Sentiment Signal: Buy

Current Market Cap: £60.25B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1