When it was first announced, I did a quick calculation based on buy back at £3 average per share it works out (this tranche as there could be more) at only 4-5% reduction in shares. So not a big impact, but should keep the shares being less volatile without special divs being paid. Personally not a big fan of buy backs, unless they really go for it 10+% reduction. After this tranche maybe they’ll announce another.
It is hard when you see a nice tidy profit sitting on the portfolio knowing that on x-div day the share price will drop back and could even go a lot lower as div sentiment goes away. The question I ask myself, is the share price likely drop back lower than my average. If I feel I’ve got a good average price , why go through the pain of selling and regretting not be able get get back in at a good level. However, If it does go below your average just buy more. That’s as long as it’s a company that you’ve researched and most importantly believe in.
I’ve believe they’re not available yet, pacer states
“ NOTICE OF FILING OF OFFICIAL TRANSCRIPT of Markman Hearing Proceedings held on 3/26/2021 before Judge Roy S. Payne. Court Reporter: Shea Sloan, email@example.com. NOTICE RE REDACTION OF TRANSCRIPTS: The parties have seven (7) days to file with the Court a Notice of Intent to Request Redaction of this transcript. If no such Notice is filed, the transcript will be made remotely electronically available to the public without redaction after 90 calendar days. The policy is located on our website at www.txed.uscourts.gov. Transcript may be viewed at the court public terminal or purchased through the Court Reporter before the deadline for Release of Transcript Restriction. After that date it may be obtained through PACER. Motion to Redact due 4/20/2021. Release of Transcript Restriction set for 6/28/2021.”
I’ve just recently invested here (before xdiv) so my avg is a bit high, I’m hoping that the share price stays around the 200p (or below) for the new ISA tax year. I will be adding to my holding. Not sure if it’s been posted before but an interesting article by HL. I’m also in L&G and DLG.
RE: CZRS Bid Article by WMH SHAREHOLDER26 Mar 2021 15:00
Just got back from my day job, I also keeping a close eye on this situation. As I stated before I’m out but will also be willing to buy at these levels. Nano only a couple of hours before marksman, I would love to be I the know, us PI’s will as always be the last to know!