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Lloyds Banking Group Cancels 7.1 Million Shares in Ongoing Buyback

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Lloyds Banking Group Cancels 7.1 Million Shares in Ongoing Buyback

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The latest update is out from Lloyds Banking ( (GB:LLOY) ).

Lloyds Banking Group has repurchased 7,127,731 of its ordinary shares on 19 February 2026 as part of its ongoing share buyback programme, with prices ranging between 101.8p and 105.15p and a volume-weighted average price of 102.8627p. The bank intends to cancel the repurchased shares, a move that supports capital return to shareholders and can enhance earnings per share, underscoring management’s continued focus on capital efficiency and shareholder value.

The latest buyback tranche was executed through Goldman Sachs International under instructions issued in late January 2026, in line with previously announced plans. The transactions were carried out under the EU Market Abuse Regulation framework as assimilated into U.K. law, reinforcing compliance and transparency around Lloyds’ capital management activities for investors and regulators.

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. The group operates well-known high street and digital banking brands, serving individuals, small businesses, and corporate clients primarily in the U.K. market.

Average Trading Volume: 169,804,735

Technical Sentiment Signal: Buy

Current Market Cap: £60.37B

See more data about LLOY stock on TipRanks’ Stock Analysis page.

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