RE: Buyback update28 Mar 2022 23:10
''Yet had the buyback cash been given to currentshareholders, many would have bought more shares anyway div re-investment, thus raising the share price through demand, and many currently non Lloyds shareholders would have bought in on the strength of a large dividend yeild, swelling the share price through even more demand''
''thus raising the share price through demand''
some investors purchasing more shares from a special dividend would entail a lot less buying of shares than 100% of £2 Billion.
'' on the strength of a large dividend yeild''
A return via a special dividend would not affect a prospective forward yield.
The market determines the share price.