RE: Takeover19 Feb 2023 02:29
newchurch
''would rather have higher div's than buybacks, as imo, higher div's create higher demand for shares''
You were complaining about BP buybacks when he share price was about £3 -
The buybacks have eliminated a good percentage of shares from the market since then, with many more to come in 2023.
''to me the 'only' gain to BP by buying back their own shares is the saving on the div. and at 4% ish, that is a 'couple of decades' of the 'saving' of the div on each share to pay for the cost of buying it.''
just a repeat of what you have posted on the Lloys board for years - you simply do not have any understanding.