The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
After 29 trading days, buyback complete to date:
Total shares to date....................................................594,588,161
Aggregate cost to date... ........................................... £291,825,950.67
Average price paid to date..........................................49.0804
Percentage of £2 billion buyback completed............14.59%
And for SUFC
The cancelled shares to date will save £10,940,422.16 from the Final Dividend payment which goes ex-div on 11th April.
After 28 trading days, buyback complete to date:
Total shares to date....................................................593,628,849
Aggregate cost to date... ........................................... £291,315,533.37
Average price paid to date..........................................49.0737
Percentage of £2 billion buyback completed............14.57%
And for SUFC
The cancelled shares to date will save £10,922,770.82 from the Final Dividend payment which goes ex-div on 11th April.
LBP today.
"Great pre ISA ramp here. I will await the post ramp inevitable fall before getting back in the 40’s again."
LBP 13th March 2024
"Massive faulty thinking by all sellers and unfortunately you'll seriously regret your epic mistake. This will be £5 again and $10 in the US when they wake up to the fact that Lloyds are easily a plus ten bagger at this bank robbing low level.
Huge mistake today to all sellers! Quit all of your faulty thinking, buy back your Lloyds shares asap, before £5 happens right under your noses."
🤣🤣🤣🤣🤣🤣
Gjohndirect73
"NOW OWN UP that quoting every trade day is irrelevant and stick to RMS figures and stop creating figures that are false in relation to Lloyds buyback days"
WTF is the RMS figures that you are referring to?
"If you read my messages properly you see where I am coming from and it is correct with regard to the "over £100,000" its HOW it is calculated and I have said that its all down to decimal places - there was no criticism intended or implied just another fact."
It's not a fact, my figure is correct. If as you say it is incorrect show your calculations. But you can't because you are a liar, pure and simple. And before you come with more lies, go to the Lloyds RNS Transaction in Own Shares issued on 28th March. In the last Trading Day of every month Lloyds supplement the information in the RNS with a summary to date of the progress of the buyback. So in the RNS on 28th March this was....
"Since the commencement of the share buyback programme to repurchase up to £2 billion of ordinary shares, as announced on 23 February 2024, the Company has purchased 542,878,804 ordinary shares for a consideration of £264,762,104.73."
Check my buyback update for the 28th March and my figures are the same as that. There have only been 2 trading days since then, my figures are correct.
Gjohndirect73
You're just being a d_i_c_k_h_e_a_d now! There is no discrepancy of £100,000 and I have proved it.
Quoting trading days is correct. Every day is a trading day even when no shares are bought. And I am not giving figures for average shares so it puzzles me what your malfunction is regarding this?
Gjohndirect73......"By the way, using your figures on the 3rd April, if you times your average price by the number of shares you will find there is a difference of £112,704, but whats "£112,704 amongst friends?"
You need to go back to school for some maths revision.
Multiply average share price 49.0131p by number of shares 585,787,678 gives £287,112,700.405818, which is a difference of £4.514182. But whats £4.514182 between friends? FECK ALL!
But my average figure 49.0131 is rounded up to 4 decimal figures by my spreadsheet......the actual raw figure is 49.013100770617438627652389779356. If you multiply that by the number of shares 585,787,678 you get £287,112,704.92 which is the figure in my update.
Run along now and don't waste my time any more.
Gjohndirect73
You are talking nonsense. Why would I want to revisit my figures when I have already stated I do not give a figure for average daily trades. I am not interested in that. I do count every trading day even if no shares were purchased because it is still a trading day when shares could have been purchased, even if none were purchased because the parameters of the algo prohibited any purchase of shares on that day.
After 27 trading days, buyback complete to date:
Total shares to date....................................................585,787,678
Aggregate cost to date... ........................................... £287,112,704.92
Average price paid to date..........................................49.0131
Percentage of £2 billion buyback completed............14.36%
And for SUFC
The cancelled shares to date will save £10,778,493.28 from the Final Dividend payment which goes ex-div on 11th April.