Member Info for longtimeinvestor

Hu

don't be a div - how long have you been investing?

A purchase of shares has a 2 day settlement- any investor should know that.

The shares are cancelled asap after settlement and transfer.

Someone like Centrica would have a timeframe as they hold buybacks in treasury before deciding what to do with them, which can include cancellation, but buybacks are not held at Lloyds so no timeframe following UBS purchase and transfer.

The shares are cancelled asap from when ubs transfer them- they are not held in treasury on lloyds books

Oh working

Hu

shares are not cancelled on a saturday or sunday.

UBS will transfer to the treasury function at lloyds for cancellation

Ram

''TOTALLY agree with you this f\\\king share is a disgrace F\\\KING 44 PENCE FOR THE LAST COUPLE OF YEARS''

No it was at 54p not so long ago - that may or may not have been above your exit price, but in any case you missed it

Hu

no timeframe - shares are not held in treasury

Jcb

''I will sell mine as well If we get back to 48 my break even''

Lloyds were higher than that at the start of the month.

I notice a number of people state an exit price, which of course is higher than a current price, and yet when the share price had already been at their exit price they didn't sell (FOMO)

Pet

shares are being cancelled asap.

Cb

'' Makes absolutely no difference to the share price ''

The sole purpose is to reduce share capital - the market sets the valuation.

everyone who reads this board should know that by now, and yet they still come - maybe the same people with memory problems

''Give me a special dividend so I can get the hell out of this MF’er of a share.'

Shareholder votes were about 99% in favour of share buybacks. There is always an option for the BOD to pay a 'special' but I very much doubt at this moment in time it will be at the expense of investments that are taking place in lloyds shares.

Strange that you would sell as soon as getting for example a 0.1p 'special'

Kiom

'' the market does not like the banking sector. ''

that makes it good opportunity then for investors wanting double digit return from Lloyds to it's shareholders.

''there does not appear there will bet any change to that story in the foreseeable future.''

well the longer that the market values Lloyds at a low valuation against fundamentals, the longer the opportunity for investors to get on board.

''pay these executives fortunes to see them oversee the destruction of shareholder value ''

the market sets the valuation of the Lloyds business. The executives are paid a fortune to try to make good profits from the business on behalf of shareholders.

HU

Have you a problem YET AGAIN?

it is getting worse - obliviously triggered by the falling Lloyds share price.

Never mind, tomorrow is another day .

You need to seek help if the stress of Lloyds ownership is too much for you.

Bert

''a play on words''

??

bert

''they have just issued 1/2 a billion NEW SHARES to themselves''

''Are you saying that the directors do not receive new shares?''

New shares are issued as part of incentive schemes/bonuses instead of cash.

Set by a remunerations committee and voted on by the shareholders of Lloyds

''If so Who received the half billion new shares issued?''

you could ask investor relations if you like to see if they will give you a breakdown by name/number.

3i Group at yet another all time closing high

BT up

Astra Zeneca up

SSE up

UBS driver being offered shares at a very attractive pricing level by those giving up their slice of ownership to others keeping their shares.

Should be enough fuel left to easily pass the 4 Billion mark.

Inflationary concerns to continue.

My £10 looking safe at the moment

''falky''

was waiting for 37p ?

As at this morning there were 65,652,037,259 shares in issue.

Without buybacks there would have been 75,959,696,672 shares

Order in at 43.95

Opened at 44.705

Bert

''to themselves.''

Lloyds employees cannot award themselves shares