67s ''i just wonder why the staff shares cant be purchased and included as an operating cost instead.''
Been through this endless times already. Purchasing shares dilutes shareholder funds per share. Issuing new shares dilutes shareholder funds per share.
that is the problem with some - they just see a share price and complain that if a buyback hasn't greatly increased it. The share price will always be incorporating the extra value to each share that the buyback brings.
W some shareholders on here don't like money going to bank staff. They will be pleased that there are not extra people to answer your phone call and who would have the facility of being able to save money in a share purchase scheme. You will have to continue to wait - you maybe only number 24 in the queue now
suf I am sure you would prefer to see 64p in 2022 unless you were not planning to sell at that price. Others I am sure are so unhappy with Lloyds that they would want to get out as soon as possible to recoup paper losses
Monk Lloyds II's would obviously have their reason for preferring a buyback at this moment. The low share price (good investment) may have played a part.
Yes - I cannot be bothered to check but I don't think shares would be purchased at a certain percentage above the average price over the previous x days.