RE: Divi24 Jan 2025 16:49
GLTader. So explain how vod share buy backs are giving money back to shareholders? The answer is they are not, & if you think they are you are being conned. Shareholders have to pay for the buy backs. The share price is falling by the way in case you had not noticed. You sum it up though by saying you can't fathom it out, so I will fathom it out for you. Buy backs do not give money back to shareholders. If the sp rises after the buy backs that is good, if it falls then the buy backs are bad. Simple. I am not against buy backs by the way, but they are not a one way bet. If the sp is being manipulated as you claim then we are all in trouble unless that stops. Vod shares are only worth what the market says they are worth unless you never sell them, & the real return on the shares is the divi, which has a habit of being cut. Of course I hope & think the vod sp will rise, but who knows. Good luck mate, we both need it.