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Lloyds Banking Group Cancels 7.5 Million Shares in Ongoing Buyback

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Lloyds Banking Group Cancels 7.5 Million Shares in Ongoing Buyback

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

Lloyds Banking Group has repurchased 7.5 million of its ordinary shares on 9 February 2026 as part of its ongoing share buyback programme, with prices ranging between 100.8 pence and 105.1 pence and a volume-weighted average price of 103.3946 pence. The bank plans to cancel the repurchased shares, which will reduce the number of shares in circulation and may enhance earnings per share and capital return metrics for existing shareholders.

This latest tranche of buybacks, executed through Goldman Sachs International under previously issued instructions, underscores the group’s continued focus on capital optimisation and shareholder distributions. The move signals management’s confidence in the bank’s capital position and future prospects, while also aligning with broader sector trends of returning excess capital to investors in the U.K. banking industry.

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, operating primarily in retail and commercial banking and related financial services. The group focuses on serving individuals and businesses across the U.K. market through brands including Lloyds Bank, Halifax and Bank of Scotland, with a strong presence in mainstream banking and lending services.

Average Trading Volume: 152,129,435

Technical Sentiment Signal: Buy

Current Market Cap: £62.81B

For an in-depth examination of LLOY stock, go to TipRanks’ Overview page.

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