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After 4 trading days, buyback complete to date:
Total shares to date.....................................................81,856,782
Aggregate cost to date... ........................................... £37,702,186.69
Average price paid to date..........................................46.0587
Percentage of £2 billion buyback completed............1.89%
And for SUFC
The cancelled shares to date will save £1,506,164.79 from the Final Dividend payment which goes ex-div on 11th April.
Tetley
It won't affect current holders that bought under £1.40p 😉
Thanks HU but I keep reading they are looking to get public investors and are harking on about Tell Sid or whatever he was called.
"2: How can the government entice public investors to buy shares in NatWest without affecting current holders?"
The Government may only sell them to Institutional Investors when they do sell them? That is what they did with Lloyds when they off loaded them.
Guys looks like to me they need to buy back 6 billion shares to give the horse a kick whats the buy back up to now including this annoucment
Hi all, 2 Questions for those more qualified than me ( probably most of you)
1: What is the best guess as to the amount of shares the board would like to have in issue or it just to take advantage of the low share price and they can’t make more money with it through other investments.
2: How can the government entice public investors to buy shares in NatWest without affecting current holders?
I'm sure you will try. DCB.
''the company says that this equates to a total shareholder return of GBP3.8 billion, or 14% of the group's market capitalisation.''
https://www.morningstar.co.uk/uk/news/AN_1708683198843314900/in-brief-lloyds-launches-gbp2-billion-share-buyback-programme.aspx
Kk
'' b0110x5 I've been reading on this thread for 15 yrs ''
What do you consider '' b0110x5 '' from what I have posted?, and I will try to put you right on it again.
Market cap of about £30 Billion
MP
Just for you again -
Based on the current about £30 Billion, what would the price per share have to be with 76 Billion shares in issue?
I know you haven't been here as long as I then, if you want to twist words. End of subject for me. You sit on your throne of righteousness then I really couldn't give a flying rats 4r5ev any more. The arguments your presenting are no different and your tone isn't either to the constant b0110x5 I've been reading on this thread for 15 yrs AND more.
MP
What is it you still do not understand. Is it memory problems again?
A buyback would have the effect of increasing the share price over what it would be without it having taken place. The price differential being dependant on the amount of shares that have been purchased.
You evidently didn’t do maths at school MPO.
Which idiot posted this at 15:06 this afternoon:
think it is the idiot that most have on filter.
anyway onwards to pay day gla
Which idiot posted this at 15:06 this afternoon:
"You still don’t understand that buybacks increase the share price by the percentage of stock removed from the register over the duration of the buyback."
Come on own up - it is almost as bad as "LLOY is giving shareholders double digit returns"
"The Pandemic was the only reason i was able to buy @ 24p. Fact.
The Market crash in 2009 was the only reason i was able to buy @ 24p . Fact."
https://www.youtube.com/watch?v=Um4flxBsOVI
Livestock
“The pandemic wasn't the reason for the drop in SP”
I suggest you look at when the pandemic started and what happened to the share price when it did. We had base rates at or under 0.75% for 13 years. You really are talking absolute gibberish.
Kk
''you obviously haven't been here as long as i. i am a lth.''
not sure why it would be obvious - I may be a longer LTH than you.
I have been invested for about 27 years +
''you really are a person set on an agenda ''
what agenda would that be?
my only agenda is to try and make the number that makes up my total portfolio to be a greater number than the year before
''twisting a person's words ''
I don't twist words, I quote them - maybe people don't mean to post the words that they do
whatever lti. you win. i really can't be ****d. you obviously haven't been here as long as i. i am a lth. i don't really care about reeling people in with my words. and i don't care about influencing people not to buy either. you really are a person set on an agenda and i don't really give 2 fks what that agenda is either. you can carry on with your manipulative ways of twisting a person's words as much as you like. i really don't care. you remind of an investor who used to be on this board around 10b years ago. well before you ever popped your nose in here. probably you should login to your sudo account if deadcatsbounce. now he really was a self righteous pr...
2015 when Lloyds reached nearly 90p - pre tax profits of less than £1.4 Billion
Livestock,
I should look up the share price when base rates were 0.1% if I was you.
Bank base rate was at 0.5% when Lloyds share price was at nearly 90p
LS
Banks earn a Net interest margin - they can make money whether the base rate is at 5% or Zero
LS
''Zero interest rates the banks won't earning any money this is the reason the banks dropped to 23p''
As I said - time for you to join Cuckoo - completely clueless.
We had virtually free money for over a decade.
Lloyds share price reached nearly 90p in that time