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IN BRIEF: Lloyds Banking starts new GBP1 billion share buyback

31st Jul 2026 12:08

Lloyds Banking Group PLC - Edinburgh-based lender - Starts on Friday the GBP1 billion share buyback it announced with its annual results on Thursday. Lloyds picks Goldman Sachs International to act as broker for the buyback. The buyback will be completed by January 27 next year, and the repurchased shares will be cancelled. The new GBP1 billion buyback is additional to the GBP1.75 billion buyback announced with the bank's 2025 results in January. That programme was set to be completed by the end of this calendar year.

Current stock price: 115.95 pence for GBP67.43 billion market capitalisation

12-month change: up 49%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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