Member Info for longtimeinvestor

Brix

''Your fiscal awareness is questionable''

another ?? for you.

you are clueless - I am aware of government revenues taxes etc

Would not be overvalued at £1 per share - fortunately for investors the market is currently letting them purchase at less than half that amount.

Lower the better though for this years buyback.

Brix

''we're all trapped''

?? - you have a sell button

Pan

''Trouble with these buybacks''

There is ZERO trouble with the Lloyds share repurchase programmes

No

Could do with a £3 Billion share repurchase programme starting in February. This amount would take it closer to the 10% of shares yearly buyback limit that is the normal permission level granted by shareholders.

''Can you please put me down for 34.5p''

fakey still waiting for the yearly rollover price

Ffs

Yes, now all good.

Waiting for the 1st December dividend (Jan one was due today as well).

Phoned HSBC investdirect - still no answer - being investigated as to why it is just payments from SMIF that present a problem.

S123

If an investor expects to receive nothing more in way of returns than from a dividend and buybacks then that would prevent disappointment. Any extra by way of a 'special' should considered a bonus

S123

the amount of what the BOD considers 'excess' capital will be returned to shareholders or spent or a combination .

Investors who wish to continue holding Lloyds shares would have to wait up to the end of the year (or 2024 financial year?) to find out what returns are made.

Chip

the telegraph had been written down rather than off.

s123

''At least 2p per share holder chips 🍟 special, specisl dividend from the Telegraph sale''

The Lloyds BOD were planing to return what they consider excess capital to shareholders by the end of year.

Of course what they currently have in excess could just as easily be used in part or fully on an acquisition

S123

''I never said Lloy"F"s (did you spit your dummy out?) was about to get £6B! You numpty ✊''

Really?

s123

''The £6B or what ever the sale proceeds are? big special dividend or massive buyback? or both!! ohhhh exciting!''

I was making it clear to you that it is a SW business decision and as such means nothing to you as a Lloyds shareholder in terms of what you thought would be returned to Lloyds shareholders from a SW annuity book sale .

Lloyds would receive dividends from the SW business.

Vodafone above 70p (double digit dividend yield)

Tesco above £3

Lloyds treading water (good for 2024 buyback)

S123

A decision to sell the the annuity book would have been made by the SW board. Any sale proceeds would be for the SW business.

S123

''There is still a profit for shareholder distribution, wow that took a long time.. how much do you think it will be?''

what took a long time? - basically you didn't have a clue- thinking that Lloyfs was about to get £6 Billion.

They will receive what a bidder for that book is willing to pay for X amount of profits from the book.

It means nothing to you as a shareholder - it would simply be a business decision by the BOD.

S123

''big book''

SW bulk annuities only represent 4% of the market

S123

SW would have been making X amount of profit on the £6 Billion annuity book.

They will receive what a bidder for that book is willing to pay for X amount of profits.

S123

annuity providers invest the money that the buyer has invested, to give returns to the buyer under the obligations of the annuity. Investment returns over and above the obligations is a profit for the provider.