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Higher the share price, the quicker £2 Billion could be spent
That will depend upon price levels and share volumes - a guess at this stage would be September.
Roughy when do you think they will be done by
Happy Birthday to my namesake
From Fakey -
''Sub 34.5p will be seen in 2024 said it nearly a year ago ''
''34.5p in 2024 will happen without wind fall tax, any wind fall tax will push the sp to 30p or even lower''
''The worst is yet to come....sad , but true.''
Those waiting or hesitating to get out of Lloyds (MS needs your help) please note the words of Fakey ,as he said -
'' My records on lloyds is second to none''
Sth
you really must learn to know what is going on if you are a Lloyds shareholder or potential shareholder
Might delay the loan repayment of £700m re the Telegraph plus car sale scandal there's bad news coming for Lloyds
P51
''So are Lloyds going to get any thing ?''
SW would not have given up the bulk annuities for free. They can now concentrate on their individual annuities .
After 14 trading days, buyback complete to date:
Total shares to date.....................................................359,125,973
Aggregate cost to date... ........................................... £171,840,455.51
Average price paid to date..........................................47.8496
Percentage of £2 billion buyback completed............8.59%
And for SUFC
The cancelled shares to date will save £6,607,917.90 from the Final Dividend payment which goes ex-div on 11th April
Seems that some of you sold today. Why your faulty thinking?
Massive faulty thinking by all sellers and unfortunately you'll seriously regret your epic mistake. This will be £5 again and $10 in the US when they wake up to the fact that Lloyds are easily a plus ten bagger at this bank robbing low level.
Huge mistake today to all sellers! Quit all of your faulty thinking, buy back your Lloyds shares asap, before £5 happens right under your noses.
LTI
So are Lloyds going to get any thing ?
That all i would like to know
Or will they be getting rid of head count only ?
P51
£6 Billion was the value of bulk annuities that was being managed for various businesses pensions
P51
''What's the answer''
I will let you work it out - shouldn't take long
"Do Lloyds get the £6 Billion"
No.
"The overall financial impact of this sale on Lloyds Banking Group is not material."
And that is straight from the horses mouth in the Lloyds Press Release.
P51
''Here one for LTI 14% argument with those on here''
thought I would make the link clickable for you
https://www.msn.com/en-gb/money/other/now-might-be-the-last-chance-to-buy-lloyds-shares-under-50p/ar-BB1jO0HZ?rc=1&ocid=winp1taskbar&cvid=9f7e5636d60b4836cc50032f567c2c21&ei=84
Https://www.bbc.co.uk/news/business-68500499.amp
More good news for UK plc
LTI
What's the answer :-)
P51
''Dumb Q''
yes it was
Dumb Q
Do Lloyds get the £6 Billion
"Rothesay acquires £6 billion Scottish Widows bulk annuity portfolio from Lloyds Banking Group".
Great fiscal news!
Afternnon Bros.
Client not well so nice and early finish today.
Couple of the headlines catch my eye..
"Foreign state ownership of UK newspapers to be banned "...
https://www.telegraph.co.uk/politics/2024/03/13/government-ban-foreign-state-ownership-newspapers/
"Rothesay acquires £6 billion Scottish Widows bulk annuity portfolio from Lloyds Banking Group".
https://www.lloydsbankinggroup.com/media/press-releases/2024/lloyds-banking-group-2024/rothesay-acquires-6-billion-scottish-widows-bulk-annuity-portfolio.html
"There are a few long suffering lloyds share holders on here also that I think have gone over the edge!"
Rich coming from the boards Pathological Liar!
If one has Mental Health.......try not to think about it.