RE: Buyback update3 Aug 2022 02:04
sb
''For a bank I find it both amateurish and worrying''
Cannot understand this statement. Lloyds implemented a share investment programme to purchase and remove shares from the market with a deadline at the end of 2022 - that is what is taking place.
The 2018 programme had a daily average purchase level of 13.37 million shares.
The 2019 programme had a daily average purchase level of 14.4 million shares .
This years programme currently has a daily average purchase level of 30.47 million shares.
Where does ''amateurish and worrying'' come into it.
It is clear by recent purchase levels that parameters can easily be changed, but as I have said, more than zero bought to show the programme has not been terminated.
Shares go XD tomorrow (0.8p)