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After 34 trading days, buyback complete to date:
Total shares to date....................................................754,000,181
Aggregate cost to date... ........................................... £374,758,288.45
Average price paid to date..........................................49.7027
Percentage of £2 billion buyback completed............18.74%
The Bank of England on Friday announced a “once in a generation” overhaul of its inflation forecasting following a long-awaited review by former Federal Reserve Chair Ben Bernanke.
The review was initiated in response to criticism over shortcomings in the Bank’s recent policymaking.
It set out 12 recommendations — including scrapping the Bank’s “fan chart” forecasting system — which BoE Governor Andrew Bailey said the bank was committed to implementing.
https://www.cnbc.com/2024/04/12/bernanke-review-bank-of-england-scraps-fan-charts-in-forecast-overhaul.html
The issue is around Discretionary Commission received by the brokers/dealers for introducing the consumer to the Finance Provider. If the redress for this is that the commission element should be repaid to the consumer, surely that must be the responsibility of the brokers/dealers who received it?
After 33 trading days, buyback complete to date:
Total shares to date....................................................698,971,829
Aggregate cost to date... ........................................... £346,451,153.90
Average price paid to date..........................................49.5658
Percentage of £2 billion buyback completed............17.32%
"Just look at the market - all major bank shares are down by circa 4%"
Down by circa -4%??????
Barclays currently down -2.37%
Natwest currently down -1.69%
HSBC currently down -1.28%
After stripping out 1.84p dividend Lloyds currently down -1.23%
After 32 trading days, buyback complete to date:
Total shares to date....................................................657,269,232
Aggregate cost to date... ........................................... £325,247,009.73
Average price paid to date..........................................49.4846
Percentage of £2 billion buyback completed............16.26%
And for SUFC
The cancelled shares to date will save £12,093,753.87 from the Final Dividend payment which goes ex-div on 11th April.
Falky
I read your previous post which was Sunday, but you were not holding 2 short positions on Sunday, it was only 1. You alluded then that you might open another one on Monday but you never posted that you had actually done that on Monday which is why I asked.
Falky
"**34.5p** will be seen in 2024...IMHO-DYOR"
What about your short at 50.08p, £500pp that you opened on 20th March Falky........is that still open as you said it was on Sunday? And did you open another short at £250pp on Monday as you told everyone you were going to do on Sunday?