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Definitely Sampson
This is the year that Barclays shares will for the first in many year cross over the £2 mark and beyond.
Trimmed 50% what a nice move
I've held these for so many years I cant remember - prob since the 2008 financial crisis. In and out and then the price tanked its taken years for it to get back to these levels.... I remember this being around the 320p price but then i averaged down
Just hope this can finally make us all some profit. Decent dividend however. Scooped around 1300quid.
Hope the blue eagle can finally fly high once more. One of the banking giants should be up there.
Wish I had £50k in here at 98p
Glad i got these at 98p....total gift.
I thought with HL (Who I am with) that the cash becomes available the month following the receipt in the HL Account.
A good day here and the Divi in the bank, not long ago peeps were waiting to get back in in the low 140s
With dividend reinvestment, my guess is the volume should be substantially higher than a normal trading day. UK yahoo shows only 32M shares traded so far, which is about half of the average volume. Similarly, US ADR trading volume is also only 10M. Maybe the reinvestment happens at close? Anyone has an explanation?
My calculation of 15.1B share x 0.053 = ~£0.8B. If 50% applies dividend reinvestment, £400M can buy 210M ordinary shares.
I received mine on HL today, expect that auto reinvestment will be next week.
Me too !
Just received!
Received mine today, held in isa as cash. Not reinvesting at this price
Hello, supposed today is div payment day! So when will see the money to our broker? (HL is mine)
Thanks
Yes total buyback is £1bn
Lloyds has massive exposure to car finance.
Barclays was always been a very small player in the car finance game.
If you are nervous about the car finance issue then go with your gut feelings. The problem is the temptation to look at overall levels of car financing and then assume that all or most of it will give ground for redress. I would guess that a lot of car buyers were not affected as they would have looked around for the best deals. I think the administrative costs for the banks could be very high as the claims management companies will go into overdrive to start with but personally, I would be staggered if this is anything remotely approaching PPI and doubt it will stop Lloyds returning large amounts to shareholders. In the end though, you have to go with your own feelings. Although bank shares have rallied a bit, they are still low by reference to historic norms which may give a little protection as well. I suspect the economic picture will be more important to Lloyds' prospects than the car finance.
I am no expert but if you are concerned by their exposure to the car finance issue then I suspect the brokers, traders and pensions schemes....... have considered this some time ago and the risk is built in to the price
Good afternoon all. I am currently invested in lloy. However, I'm slightly jittery about their exposure to car finance despite recent good performance. My thinking is that both lloy and barc banks have performed well over last 6 months but barc has lower risk so I'm considering a switch. As seasoned barc investors, does this seem like common sense to you? Thank you in advance for any advice.
So far £192 million of shares purchased.
Am I right in thinking the total size of the buy back is £1 billion?
Since they are re-structuring the business less weight on investment banking, IMHO share price recovery is in play. Returning 10bn to shareholders by 2026 is enticing.
I think anything above 200p is a good first step. BARC has been undervalued for ages.
One stock that might be an intriguing choice for investors right now is Barclays PLC BCS. This is because this security in the Banks - Foreign space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks - Foreign space as it currently has a Zacks Industry Rank of 56 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Barclays is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Barclays PLC price-consensus-chart | Barclays PLC Quote
In fact, over the past month, current quarter estimates have risen from 49 cents per share to 54 cents per share, while current year estimates have risen from $1.60 per share to $1.62 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider Barclays. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
Surely the share plans are linked to the share price. An increase in share price will diminish the impact of issuance of new shares.
They've been cheap as chips for a while.