Lloyds Deepens Capital Return With Ongoing £1.75bn Share Buyback

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

Lloyds Banking Group has continued executing its share buyback programme, purchasing 22,287,497 ordinary shares on 30 April 2026 at a volume-weighted average price of 98.1324 pence and intends to cancel these shares, thereby reducing its share count. Since launching the up to £1.75 billion programme in January, the bank has bought back roughly 791 million shares for about £773 million, underscoring its strong capital position and commitment to returning surplus capital to shareholders while potentially boosting earnings per share over time.

The most recent analyst rating on (GB:LLOY) stock is a Buy with a £115.00 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 LLOY Stock

According to Spark, TipRanks’ AI Analyst, 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 LLOY stock, click here.

More about Lloyds Banking

Lloyds Banking Group is a major U.K. financial services group, providing retail and commercial banking, insurance and wealth management primarily under brands such as Lloyds Bank, Halifax and Bank of Scotland. It focuses on the U.K. market, serving households, small businesses and corporates, and is a bellwether for the British banking sector’s health and capital return trends.

Average Trading Volume: 229,314,302

Technical Sentiment Signal: Buy

Current Market Cap: £56.7B

See more insights into LLOY stock on TipRanks’ Stock Analysis page.