--- title: "Lloyds Banking Group Buys Back and Cancels 8 Million Shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/286448527.md" description: "Lloyds Banking Group has repurchased 8 million shares as part of its ongoing buyback program, executed on May 14, 2026, at an average price of 96.0286 pence. The shares will be canceled, reducing the share count and potentially enhancing earnings per share. This move reflects the bank's commitment to returning capital to shareholders and improving capital efficiency. Analysts rate the stock as a Buy with a £115.00 price target, while TipRanks’ AI Analyst gives it a Neutral score due to mixed financial signals." datetime: "2026-05-14T17:12:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286448527.md) - [en](https://longbridge.com/en/news/286448527.md) - [zh-HK](https://longbridge.com/zh-HK/news/286448527.md) --- # Lloyds Banking Group Buys Back and Cancels 8 Million Shares ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest announcement is out from Lloyds Banking ( (GB:LLOY) ). Lloyds Banking Group has executed a further tranche of its ongoing share buyback programme, repurchasing 8,000,000 ordinary shares on 14 May 2026 through Goldman Sachs International. The shares were acquired at a volume‑weighted average price of 96.0286 pence and the company plans to cancel them, reducing its share count and potentially enhancing earnings per share. The move underscores Lloyds’ continued focus on returning capital to shareholders and managing its capital structure within regulatory constraints. By shrinking its equity base via cancellations, the bank may improve capital efficiency and signal confidence in its balance sheet and future earnings capacity to investors. 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. banking and financial services group, offering retail and commercial banking, lending, savings and insurance products. It operates primarily in the domestic market, serving individuals, small businesses and corporates, and is a significant constituent of the London Stock Exchange financial sector. **Average Trading Volume:** 224,990,732 **Technical Sentiment Signal:** Buy **Current Market Cap:** £54.77B See more insights into LLOY stock on TipRanks’ Stock Analysis page. ### Related Stocks - [LLOY.UK](https://longbridge.com/en/quote/LLOY.UK.md) - [LYG.US](https://longbridge.com/en/quote/LYG.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Lloyds Banking Group Cancels 31 Million Shares in Latest Buyback Tranche](https://longbridge.com/en/news/284617449.md) - [Lloyds Banking Group Buys Back and Cancels 5 Million Shares](https://longbridge.com/en/news/283539566.md) - [Tikehau Capital: Disclosure of Shares Repurchases From 8 May 2026 to 14 May 2026](https://longbridge.com/en/news/286788898.md) - [Lloyds Banking Group Cancels 1 Million Shares in Ongoing Buyback](https://longbridge.com/en/news/282726461.md) - [Lloyds Data Breach Raises Fresh Questions For Valuation And Share Momentum](https://longbridge.com/en/news/280850880.md)