RE: RNS Completion of Β£2 billion Share Buyback Programme29 Aug 2023 14:03
""The 2019 Β£1.75B buyback did not complete, but it was not because the SP was consistently rising. It was suspended early in September 2019 because it was thought there would be a late surge in PPI claims in the run up to the deadline for claims. There was around Β£676M unspent from the Β£1.75B announced for the buyback.""
All this 10yrs on from PPI....roughly 22bn!
so out of interest how long will it take to do a 22bn buyback, at current level, provided there no more bumps in the road..?
DYOR