Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I’m all for using stock as an incentive in a compensation package but 10p per share price does not do that. No incentive … only bonus money. Should be given at current price or better yet at higher prices 60p, 75p or 1£. Only then will this program with interest of common shareholders.
Thanks hardup,
Maybe it’s the higher average share price but this buyback seems to be progressing faster than 2022. I recall periods last year when there would be days when virtually no shares were re-purchased.
I too would prefer a higher profile but after years of being underwhelmed on results day maybe Charlie will preside over an era of under promising and over delivering. If he can execute a strategy that rewards shareholders I’ll be happy.
Lucky, I agree, if we can avoid new “end of the world” type headlines…60+ after NWG reports on the 17th. When Lloyds reports on the 22nd most analysts will be forced to re-rate. I say hold tight.
Has anyone else considered if LBG was on the selling side of the equation? Most here seem to be focused on acquiring & supplementing existing lines of business but maybe it makes sense to sell low margin / highly competitive units and consolidate and do what they do best.
LTI...thanks for the day 1 figures. It’s good to have specific info and not just speculation.
It seems to me that any issue of new shares is minuscule when compared to the
ultimate number of shares removed via the buyback and if the new shares help align management goals with shareholder goals, I’m all for it.
How will LBG management become wealthy (ier) ....through dividends on those shares or through an appreciation in share price? Seems obvious to me but time will tell.