Member Info for hardup

After 39 trading days, buyback complete to date:
Total shares to date..................................................1,427,775,736
Total Cost to date... ................................................ £660,497,414.71
Average price paid to date.......................................46.261p
Percentage of £2 billion buyback completed........33.02%

"Consensus is for Lloyds to announce first-quarter profits of £1.43bn, down 25% and NatWest around £873mln, down 5%."
Why would there be so much difference in Consensus for profits between Lloyds and Natwest; Lloyds down 25% but Natwest only down 5%?

DC1
I agree with the first part of your post at 12:11. However, the second part where you say " he has also been clever in surrounding himself with nonentities In the cabinet all lapdogs to the master"...........I think it is true to say that every prime minister previous or to come whether Tory or Labour has done or would do the same.

Boris was a "one trick pony" elected as leader of the Conservatives and subsequently by the electorate to "get Brexit done". Job done. Time to move on.

"Lol....We are not voting for a pope !!"
No but we need a leader who "leads by example"! Unfortunately there is no one in Commons from either side of the house that has this quality!

Brixton
You get Borderfields Rape Seed Oil far cheaper buying from Amazon and delivered direct to your door free. Sainsbury charge £3.50 for a 500ml bottle, so 5 litres would cost £35. I buy from Amazon in 5 litre container cost £22 delivered to my door.

Livestock,
Agree 100%.

A1
Exactly!

seany123
If only......lol

No NATWEST shares bought back today either?

No RNS so I guess not.

They could get the script and characters for a sequel to Lord of the Flies by following this board for 3 months.

Not sure if Mark Knopfler has endorsed this video to one of Dire Straits tracks but it is moving all the same.

https://www.youtube.com/watch?v=aLtmq0g_4Og

lti
There you go reverting to type again! Twisting, manipulating and distorting what someone has said. I distinctly said one of the reasons!
" Lest we forget one of the reasons for buybacks is to increase SP"
Every site that comes up in a google search for benefits of buybacks gives a list of reasons for benefits of buybacks. One of them is increasing the share price. None of them say there is only one reason which as you say is " The sole purpose of the programme is to reduce the ordinary share capital of the Company."
I'm afraid you are guilty of posting what comes into YOUR OWN CATEGORIES of NONSENSE, and MISINFORMATION again.

lti
While dividend payments are perhaps the most common way to return cash to shareholders, there are advantages to stock buybacks:
Directly boost share prices. The main goal of any share repurchase program is to deliver a higher share price. The board may feel that the company’s shares are undervalued, making it a good time to buy them. Meanwhile, investors may perceive a buyback as an expression of confidence by the management. After all, why would a company want to buy back stock it anticipated to decline in value?

https://www.forbes.com/advisor/investing/stock-buyback/#:~:text=The%20main%20reason%20companies%20buy,price%20of%20the%20stock%20rises.

A stock buyback reduces the number of shares freely trading, which usually boosts their value.

https://www.businessinsider.com/personal-finance/stock-buyback?r=US&IR=T

lti
"you have regressed once more - no it's not."
FFS can someone shoot lti with a ball of his own sh-i-te and put him out of his misery!

"Guess MS is not prepared to buy much over 44p"
Why not?! Lest we forget one of the reasons for buybacks is to increase SP! It begs the question what remit, if any, Lloyds have given to MS in regards to managing the buyback? I'm sure they are not buying anywhere near the maximum permitted 25% of average daily volume of preceding month given some of the ridiculously low volumes being purchased some days?

After 37 trading days, buyback complete to date:
Total shares to date..................................................1,426,517,653
Total Cost to date... ................................................ £659,918,193.30
Average price paid to date.......................................46.261p
Percentage of £2 billion buyback completed........33%

One of my favourites from a trip down memory lane.

https://www.youtube.com/watch?v=xGMWZJlA0QA

Traditionally, investors have had to identify their stock market objectives as seeking 'capital growth' or 'income'.
The Frederick & Oliver research team have unearthed a number of FTSE 100 stocks which could deliver both capital growth and income, for investors.
Screening for annual dividend yields of 5% or more, combined with ample dividend cover (the number of times earnings can cover payouts), we cross-referenced the average target prices issued by City analysts, looking for potential double-digit gains.
As you may have read in our recent report 'Bargain Bluechips', City analysts regularly issue 'buy', 'hold' or 'sell' recommendations on publicly traded companies, accompanied by a 12-month target price.

https://frederickandoliver.com/app/uploads/2022/04/2022IncomeGrowth.pdf