RE: Buyback update18 Jul 2025 19:37
Can someone turn the trading buy back algorithm back on please.
4 very quiet days now, 460k today, 1.3mil, 1.6mil, 450k.... compared to the 63 million shares bought over the 3 days (££47 million pounds spent) when we had the chancellor's tears.
Feels like the calm before the storm waiting for this car finance crap. A little twitchy....
875 million quid left in the buyback pot... at 75p could get maybe another 1.1Billion shares (close to 2,3billion this buyback) Maybe even remaining under 59B going into the next share buy back (hopefully). assuming staff will be allocated millions of new shares.
In the current buyback purchase. if they managed to purchase 10 million shares DAILY at 75p it would take ANOTHER 117 trading days to use the full 1.7b and be completed between xmas/new yr?
Wondering how long this 875 million pound will last when the car ruling is announced holding the share price up like the little blip last week.