Member Info for longtimeinvestor

post tax profits £5.9 Billion

dividend 1.33p

buyback up to £2 Billion

ran
''That does not have any bearing on whether lloy is a good or bad investment''

but you did give the opinion that lloyds shares were not a good investment when you said
''Buybacks sound like a really good idea.... not...''

you really shouldn't be invested if you think that purchasing lloyds shares are a bad idea.

ran
what would of been your alternative use of the money invested in Embark,Citra and others?

ran
''It would take 14 years before the additional eps equals the divi. ''

How long would it take to get back the money invested in Lloyds shares by way of dividends?

Lloyds may increase the citra budget to a billion pounds - maybe some prefer the money to be given as a dividend instead - etc etc .

Lloyds invested nearly £400 million in Embark - maybe as in the case of buybacks some would have preferred the £400 million given as a dividend.
The BOD are employed to make investment decisions on behalf of shareholders.

ran
''buying back shares doesn't look attractive to me...''

That equates to 'purchasing Lloyds shares doesn't look attractive'.
If the return on a Lloyds share purchase doesn't seem attractive to anyone then they should not be investing.
a buyback is simply an investment in Lloyds shares made on behalf of shareholders.

ll
''With governments forced to keep interest rate low due to unsustainable debit,''

It is the MPC who decide on the level of interest rates

ran
you cannot compare a one off lump sum with a return on investment of the same capital amount.
Is would be like comparing a lump sum of £1000 with the yearly returns of a £1000 investment in shares.
I think you got a bit confused

ran
You are not thinking straight. A dividend is a one off payment.
Investing in Lloyds shares gives a return on the investment every year for ever more.
going the whole way, people such as yourself may as well say, they do not want any investments made with profits to increase eps - 100% of profits should be paid as a dividend.
don't be silly

in at 49.95

LL
''In LLOY case this should have happened in spring 2020, not now ''

The buyback of 2019 was cut short in Sept 2019 due to further PPI provisions when the share price was at about 50p.
By March of 2020 we saw Covid 19 hit us with the resulting share price declines.
The PRA prevented a dividend payment and BUYBACKS.
Dividend payments are now back.
Lloyds in the past have announced buybacks with the end of year results.
Whenever a buyback takes place, they are made at a price that the market determines them to be worth.
The market has in the past given a valuation lower and higher than the current one.
I am sure the BOD would not enter a buyback programme if they did not think it represented a good option in making a return to shareholders.

It would increase eps as would a similar amount of money being invested by the BOD, taking a stake in a dividend paying company. If there are no better investments available than that of Lloyds shares, then that is what the BOD would choose.

I would like to see

hu

over about two periods of about 6 months in 2018 and 2019
Hoping for a buyback announcement tomorrow and would likely continous yearly buybacks.

which means of course the current share price would currently be lower

flec
I cannot see what is funny about a statement of fact.

The share count is 3,465,000,000 lower than it would be without

T
Total rubbish

flec
''Since nothing changes the buybacks are meaningless.''

No - the share count is 3,465,000,000 lower than it would be without - THAT IS NOT MEANINGLESS