tiprankstipranks
Advertisement
Advertisement

Lloyds Banking Group Cancels 18 Million Shares in Latest Buyback

Story Highlights
  • Lloyds Banking Group repurchased 18 million shares as part of its ongoing buyback programme.
  • The bank will cancel the shares, reducing share count and signalling focus on shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Banking Group Cancels 18 Million Shares in Latest Buyback

Claim 55% Off TipRanks

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

Lloyds Banking Group has repurchased 18 million of its ordinary shares on 11 February 2026 as part of its ongoing share buyback programme, with prices ranging between 101.85 pence and 103.95 pence and a volume-weighted average price of 103.0987 pence. The bank plans to cancel the repurchased shares, which will reduce the number of shares in circulation and can enhance earnings per share, signalling continued capital return to shareholders within its existing buyback framework.

The buyback was executed through Goldman Sachs International, acting as broker under instructions issued in late January 2026, underscoring the structured, pre-announced nature of the capital management exercise. By continuing to retire shares through cancellations rather than holding them in treasury, Lloyds reinforces its focus on shareholder value and capital efficiency, a strategy closely watched by investors in the UK banking sector.

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 company, operating primarily in retail and commercial banking, wealth management, and insurance. It focuses on serving individuals, small and medium-sized enterprises, and corporate clients across the United Kingdom through brands including Lloyds Bank, Halifax, and Bank of Scotland.

Average Trading Volume: 157,977,762

Technical Sentiment Signal: Buy

Current Market Cap: £61.92B

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