Lloyds announces new return targets and buyback

UK lender Lloyds (LON:LLOY) announced new medium-term return targets together with a new £1 billion share buyback. The updated guidance came as the bank posted pre-tax profit for Q2 which topped analysts’ forecasts. New return targets Lloyds reiterated its financial guidance for FY26, and added new RoTE (Return on Tangible Equity) targets for FY28 and … Continue reading Lloyds announces new return targets and buyback