Member Info for longtimeinvestor

Lr

''They allow companies to re-issue share awards when times are good''

when times are good ?? - clueless

Employee share schemes are part of a remuneration package when starting a job, whether it is receiving shares (having skin in the game), which have to be kept for a number of years to get the full tax benefits, or simply the ability to save over a period of time to then decide to purchase new shares or not.

''They are needed, because companies keep awarding more shares out.''

Again clueless - buybacks are undertaken to reduce share capital ,as a return mechanism to shareholders, The Lloyds buybacks currently have made a big difference in share price over what it would otherwise have been. They are especially beneficial when conducted at low valuation levels as we currently have.

''My belief would be no change, or minimal to SP's'' etc etc.

I have already given you the FACTS on Lloyds and BP.

Learn to read and digest and understand if that is at ll possible within your capabilities.

LR

have you worked out how buybacks work yet ? - hopefully you will stop the nonsense posts

Oil

''Could it be just too much for 'socialist' Labour to show that they are more competent than the capitalists''

I think you need to realise the situation, it is the markets/treasury bureaucrats/ Bank of England /OBR that are in control.

Reeves will be handing more power to the unelected OBR. She will not be in control.

btw, after all this nonsense about Liz Truss crashing the economy, which the public fell for with Labour saying it a million times, the Bank of England have now confessed that it was mostly to blame for the market reactions.

Lr

btw I actually said on BP -

''With the current market valuation and with the same number of shares in issue as in Feb 2020, the current share price would be about 360p''

That is using a net difference in share count. The benefit of buybacks alone would be a bit more of a differential in price.

With Lloyds I know the number of shares that have been re purchased since 2018. I do not know the figures for other stocks, only the voting rights difference between date X and date Y.

Lr

''at any given date''

better on a date when the voting rights RNS is issued

LR

You need to go back to school.

''The Market decides the value of LLOY''

yes as I have said hundreds of times. Currently the market values Lloyds at about £37.2 Billion. Without buybacks the share would have been 76,696,254,522 shares in issue.

I will let you do the division to get the price per share if you are capable.

''You did this with BP the other day as well, stating without buybacks it would be 360p''

Yes correct, without buybacks BP price per share would be getting on for £1 per share lower.

I really do hope that you eventually understand simple maths.

''would have been 49.5p''

based on a market cap of £37.97 billion (which was incorrectly showing on a site)

current market cap is lower than that

Without buybacks with the current market valuation, would have meant that the current share price would have been 49.5p

Without buybacks there would now be 76,696,254,522 shares in issue

Metro bank surging - currently up over 50% since my purchase in March

HSBC up with half year results - another 3 Billion buyback to come

MS continue to have cheap Lloyds shares available to purchase

End of day - Zero

Well received by the market with a good increase in share price.

Good to see a further investment of 3 Billion dollars in re purchasing shares.

Invstrat

re 30 Jul 2024 20:44

If you are invested in BP then you really should educate yourself about the re purchase programmes and how they work, as currently you appear clueless.

Cr

''I can understand as London was the financial centre of Europe at one time''

??

You need to keep on the ball - London IS the leading financial centre in Europe.

Yes they are - there are now over 10% fewer shares in issue compared with 3 years ago, despite new share issuance's.

''The purpose of the second share buyback programme is to reduce the issued share capital of the Company to offset dilution from the vesting of awards under employee share schemes.''

https://www.lse.co.uk/rns/BP./share-repurchases-54wnc95c96a4dru.html

I had established a number of a years ago a core holding that I was keeping but would have added on any substantial fall in price.

after this buy -

''Just bought

30 May 2024 10:20

At under 835p''

and fully taking up the rights issue, I obviously found myself having far more than I wanted to keep as a core holding.

After this sale. i will still have about 10% more shares than I had pre RI at a lower capital cost and my average price has gone from 650p pre RI to now stand at 575p. I would sell the excess 10% of shares on continued upward move in the share price.

Average price on sale was 985p

Some at 985p

Brix

23 May 2024 09:59

'' i personally don't chat on that i don't own''

24 Jun 2024 19:35

Price: 55.68

‘’I'm also out of Lloyds’’

2 Jul 2024 10:47

Price: 55.36

''I see lloyds @ 50p on Friday @ have planned for such''

Today 10:53

Price: 60.10

''1203 holding , one would be enough''