Member Info for longtimeinvestor

Without buybacks there would currently be 76,570,144,492 shares in issue

Oh dear - it could be that it is a share trade

Md38

Lloyds have a progressive dividend policy - 2024 should see a 10% + increase yielding about 6.5% at the current price level

'Reform' people had intimidation and death threats - Sectarianism in action

Very comfortable win for G.G (Workers party of Britain) - Sectarian votes in action - G.G will be an utter nightmare for the Labour party to deal with

George Galloway will likely get the Muslim vote and become their MP

NU

''the UK is in recession''

is it? ,you do not know that yet.

The UK HAD (historic) a tiny dip in GDP in the second half of 2023 - the whole point of the BOE base rate rises, was to do precisely that,to slow the economy down in the battle against inflation. It hardly matters if the slowdown goes to just above the gain line or just below. What matters is the duration below the gain line and low point percentage, which may have already been reached in the last 2 quarters of 2023. Figures for the current quarter when released will show whether we are in a recession NOW or not. Figures of course can always later be revised.

Jcb

''I go out and it drops 1.5%, what a donkey''

maybe you should not have waited for the extra 0.5p ?

At a tiny fraction over 29p

Flec

'' Even £2 a share seems cheap to me.''

when the house tidying has been completed, it probably would be.

I think we should now expect some dividend money to be re directed elsewhere - hopefully buybacks

Kf

good to see yet another seller waiting in the wings - thanks

Jcb

15 Feb 2024 13:36

''will sell the lot when or If back to 48p''

not far off - could do with a lot more sellers- not good for the buyback, all this upward momentum

Jcb

''I will have to re name the Donkey the Black horse soon''

?

surely it is now at your selling out target price?

MP

''day trader''

even more nonsense from you - I have a good number of stocks in my portfolio, which have been held for various periods of up to decades.

MP

No more nonsense from you please

Lloyds returned £3.6 Billion in 2022

I doubt that they have any share count figure in mind, that they wish to get the float down to.

T64

''What is the best guess as to the amount of shares the board would like to have in issue or it just to take advantage of the low share price and they can’t make more money with it through other investments.''

I doubt that they have any share count figure that they wish to get the down to. I would imagine that buybacks would continue whilst it represents a better return on investment than any potential acquisitions. The continuation of buybacks of course will be dependant on continued profitability and price level. Smaller acquisitions can still take place without the essential need to stop buybacks.

''the company says that this equates to a total shareholder return of GBP3.8 billion, or 14% of the group's market capitalisation.''

https://www.morningstar.co.uk/uk/news/AN_1708683198843314900/in-brief-lloyds-launches-gbp2-billion-share-buyback-programme.aspx

Kk

'' b0110x5 I've been reading on this thread for 15 yrs ''

What do you consider '' b0110x5 '' from what I have posted?, and I will try to put you right on it again.