I Will be looking replace the number of shares lost in the consolidation with my return of capital. With dealing charges etc., I won’t replace them all but near enough, (unless the SP falls of course).
Link (Capita) are even slower at posting your DRIP allocation. For reasons know only to themselves it takes them 3 whole weeks before they appear in you Share Portal account.
If the buy-back is, in total, £750M then at today's price, that equates to 228,519,195 share, (give or take), which is much more than 1.8% of total shares in issue.
Not sure what to do here at the moment. Sold at £7.21 ish and have been sitting on the proceeds since. Thought £6.50 might be a good price, but clearly not.
Barchart is showing this as an 88% sell, so going to hold on a little longer i think.