I believe it is you who is the fool. On a maintained market capitalisation, with a reducing share count, the share price, obvious to 99.99% of people, would be increasing.
NC ''a totally disgraceful performance by any standard.''
You really need to differentiate between the performance of Lloyd's to be able to generate good profits and the price that investors are prepared to pay to have a share of that profitability. I personally don't mind a long period with the share price low, making the share buybacks so much better.
I hope you kept hold of your BP shares. Are you hoping to win the guess the share price competition again this year?
g13 ''Saying buybacks don't alter the share price is not true.''
Yes, the share price differential compared with a greater share count.
Unfortunately some think that means the share price never going below the price at which it was when a share purchase programme starts. As always the market puts a value on Lloyds on a daily basis. BP and SHELL are continuing with big percentage buybacks which have helped with the current upward momentum in share price, most of which has come about for obvious reasons.
It is about returns to shareholders by way of reducing the share count and thereby increasing a shareholders percentage ownership if retaining shares, and at the same time increasing per share metrics.
just needs maintained or increasing profitability along with a £2 Billion share purchase programme each year - this would give the market food for thought when putting a value on each remaining Lloyds banking group share.
with India should not come about whilst they have a pro Russian stance - no condemnation about the invasion of Ukraine and currently snapping up their oil.
Not a good look to have an Indian family with business ties to India in at 10 downing street.
griz ''I am at a loss as to why ,with rising mortgages,and the prospect of de-faults have not raised the share price to at least 45p My thinking........''
Your thinking will impact on your investment decisions
nom ''Plenty bad debt building up for the banks to deal with, partly as a consequence of Brexit. The shadow of Brexit is going to linger over banks longer than you want.''
UK bank bad debt will not be as a result of the UK not being in the EU.
Done and dusted - get over it - what sad people who cannot accept a situation, and whinge year after year..
ep ''LTI made three posts on the subject before 1am this morning'' ''He mentioned Beexit. The subject of Brexit was picked up by others ''
No I didn't - I responded against the pointing out that the the UK has inflation by highlighting that it is elsewhere also - so shut it
There are about half a dozen of you who cannot GET OVER IT - who have zero interest in Lloyds and start the Brexit posts - others are forced to let it go and ignore or respond.