The Lloyds investment plan10 Mar 2022 13:52
was a good use of Β£2 Billion from profits, especially at such a large discount to nav.
You get moaners opposing this view, with a large proportion at the same time moaning about the number of shares in issue increasing when employees decide to save to purchase new shares, or shares are part of a remuneration package when accepting a job, helping the bank to function.
Then you get moaners about the level of dividends.
Moan moan moan moan moan.
Every shareholder can choose an alternative home for their money, and holding at a valuation below cost is no barrier to selling.
There are plenty of alternative options where the share prices are at attractive levels. Any loss on the sale of Lloyds can be made up from an alternative investment just as much as waiting for Lloyds to recover to the required level.
So make your choice and stop moaning.