NASDAQ:CPOP 10 June 2026 - 7 July 2026

July 10, 2026, 9:27 AM EDT. Lloyds shares picked up 0.76% to 112.55 pence after the bank reported a three-day buyback of 24 million shares for £27.1 million, equal to 8.1% of market volume. The repurchase ran at a VWAP of 112.82 pence and those shares will be cancelled. The buyback serves as a price reference near 112-113p, but it follows existing orders and isn't the result of a new board decision. Shares also got support from Bank of England Chief Economist Huw Pill, who said more rate hikes are possible, helping Lloyds' net interest margin. Proposed capital rule changes could cut regulatory pressure for domestic banks such as Lloyds, which posted Q1 pretax profit up 33% to £2 billion, topping analyst views. Lloyds targets over 16% return on tangible equity by 2026.