Member Info for hardup

JP Morgan putting the boot in today. lol

"JPMorgan places Lloyds Banking on 'negative catalyst watch'"

After 70 trading days, buyback complete to date:

Total shares to date....................................................2,518,262,586

Aggregate cost to date... ........................................... £1,192,571,662.19

Average price paid to date..........................................47.357p

Percentage of £2 billion buyback completed............59.63%

FTSE futures on IG currently just positive +5 pts. China exports fell by -7.5% in May so I guess this news will have a negative impact on markets today?

After 69 trading days, buyback complete to date:

Total shares to date....................................................2,491,973,220

Aggregate cost to date... ........................................... £1,180,649,434.71

Average price paid to date..........................................47.378p

Percentage of £2 billion buyback completed............59.03%

Stroller

Yes typo.....banana fingers!

After 69 trading days, buyback complete to date:

Total shares to date....................................................2,491,973,220

Aggregate cost to date... ........................................... £1,180,649,434.71

Average price paid to date..........................................47.378p

Percentage of £2 billion buyback completed............5.03%

A1

"what else are they going to do with all the surplus profit?"

I think we all know the answer to that buts lets see if you can figure it out from this..................ubyckasb

Bumble1968

"America's obsession with interference in foreign countries needs to stop."

Well I would certainly say Putin and Russia is also guilty of interfering in the affairs of foreign countries.....Ukraine, Georgia, Syria, Chechnya, Afghanistan, and others through the Wagner mercenary group. And it looks like Putin will not stop after Ukraine if successful given his desire to return the USSR back to former membership status.

After 68 trading days, buyback complete to date:

Total shares to date....................................................2,454,560,480

Aggregate cost to date... ........................................... £1,163,952,128.84

Average price paid to date..........................................47.42p

Percentage of £2 billion buyback completed............58.2%

Have patience Rodders........this time next year we'll be millionaires.

"LONDON, June 3 (Reuters) - British Prime Minister Rishi Sunak wants to cut taxes by as much as 2 pence in the pound before the next national election which is expected in 2024, the Telegraph newspaper reported.

The Telegraph said Sunak wanted to follow up on tax cuts in 2024 by going into the next election with a revived pledge to cut income tax rates by 1p in each year of the next parliament."

Don't think this "bribe" will win the Conservatives the next General Election.

https://www.reuters.com/world/uk/uks-sunak-wants-cut-taxes-by-up-2-before-election-telegraph-2023-06-03/

Meerkat, I concur with sotonspike and SUFCESSEX, clear all debts.

Lti

You can muddy the waters all you want to try and distract but you have been sussed you pr-at! You are the fool. You said there is no time frame for share being cancelled. There is a time of frame, they are cancelled after 2 working days, which was confirmed by an email from Lloyds. They did not say ASAP, or no time frame. They specifically said they are cancelled after 2 working days. How can you rationally argue that there is no time frame when there is a time frame of 2 working days?

Hightrack,

My guess 0.9p

Seany

So lti only makes factual statements? Would one of those be that there is no time frame for shares bought back to be cancelled.........when in actual fact there is a time frame, 2 working days. Nigh night! pmsfl!!!!!

Seany

Maybe lti should enter Britain's Got Talent? But what as?

Lti

It was a concrete guess by most that the BOE would start raising interest rates in November 2021, but they didn't.

Lti

Yes there are, my guess was 2.7p but that's all it is, a guess. We wont know until interim dividend declaration at half year results on 26th July.

Lti

"Investors will look at a forward yield . 2023 dividend yield currently should be 6% or more."

You are assuming the Full Year dividend for 2023 will be 2.7p. I think that's what they call counting your chickens before they hatch.

Seany

Another consideration is the cost of PPI mis-selling for Lloyds which cost the bank £22B.