Member Info for Nuwanda

Drawing on 'the big short' theme from yesterday, one of the lines in there was about the valuation of the bonds not behaving in line with the market. Now, there were different reasons for this on the bonds, but for the LLOY share price to be performing as it is IMHO the market is overreacting - but the market is the market and so the price is the price. But I am very happy with a long term hold and IMHO the current share price represents great value. That siad, I no longer add to my shares, as I have enough held in ISA's, and like to treat myself with the tax free dividend payments

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 47.569

To achieve a 4.37bn share buy back, the balance of shares need to be bought at an average of 44.426

To achieve a 4.38bn share buy back, the balance of shares need to be bought at an average of 43.005

To achieve a 4.39bn share buy back, the balance of shares need to be bought at an average of 41.672

LTI

"Last years buyback plus this years so far have bought back over 8.536 Billion, with I imagine about a further 340 million to go."

And a massiving saving in dividend payouts, leaving more to share between fewer holders - self funding the progressive dividend policy ;)

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 46.672

To achieve a 4.37bn share buy back, the balance of shares need to be bought at an average of 44.097

To achieve a 4.38bn share buy back, the balance of shares need to be bought at an average of 42.914

To achieve a 4.39bn share buy back, the balance of shares need to be bought at an average of 41.792

Over the 4bn buyback with money to spare and plenty of cash in the bank (pun intended)

It's a marathon and not a sprint.

There is a long term plan and this is not a retail share. I'm very happy to hold and with the companies performance - It's share price is trading well below NAV, and with an eye on 2026, the depression in the shareprice has been a dream for the buyback IMHO.

To achieve a 4.34bn share buy back, the balance of shares need to be bought at an average of 47.167

To achieve a 4.36bn share buy back, the balance of shares need to be bought at an average of 44.884

To achieve a 4.38bn share buy back, the balance of shares need to be bought at an average of 42.812

To achieve a 4.40bn share buy back, the balance of shares need to be bought at an average of 40.923

And for anyone just a tad anxious about the prospect of not making a 4bn buyback.........

To achieve a 4.0bn share buy back, the balance of shares need to be bought at an average of 348.185

To achieve a 4.31bn share buy back, the balance of shares need to be bought at an average of 48.648

To achieve a 4.33bn share buy back, the balance of shares need to be bought at an average of 46.815

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 45.115

To achieve a 4.40bn share buy back, the balance of shares need to be bought at an average of 41.360

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 54.989

To achieve a 4.30bn share buy back, the balance of shares need to be bought at an average of 49.554

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 45.096

Just for info, new car registrations are dominated by Company Cars, many on Salary Sacrifice Schemes where the leading player is Tusker - recently purchased by LBG, as an adjunct to it's existing largest UK Car Leasing business Lex Autolease (largest before the merger of LeasePlan and ALD).

Feels like UBS have been playing 'BazBuyback' in the last four trading days, going large with the trading equivolent of two 4's and two 6's :)

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 54.297

To achieve a 4.30bn share buy back, the balance of shares need to be bought at an average of 49.208

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.992

Livestock

A fair and very valid opinion, and one that will test my resolve; which, I am not ashamed to confess, may be tested to the point of liquidating them into cash.

I have a four year window for my resolve to be tested in. My average is 48.16p. I hold 250k shares.

£1 by 2027 anyone? lol

Not the best of news, but it's a one-ff (so they say!) and it's not comparing apples with apples when looking at the UK banking sector - not that anyone in the markets bothers with those subtleties!

a) As I intend to hold long term, I'l less bothered;

b) I really wouldn't morally object IF (and this is the dealerbreaker for me) the money was used for the benefit of the Country and not political ends.

But, whatever happens will happen. I have a portfollow of asset classes, so as one falls another raises and net-net I end up at least even.

A Minsky Moment in slow motion.

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 52.453

To achieve a 4.30bn share buy back, the balance of shares need to be bought at an average of 48.265

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.697

To achieve a 4.40bn share buy back, the balance of shares need to be bought at an average of 41.621

For context the vast majority of LLOY shares are owned by Institutional investors.

They remain a long term hold, suitable for my personal circumstances; especailly with the dividend tap back on and all my shares in an ISA, so tax free cash.

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 51.743

To achieve a 4.30bn share buy back, the balance of shares need to be bought at an average of 47.898

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.585

To achieve a 4.40bn share buy back, the balance of shares need to be bought at an average of 41.701

Made sense to wait for ex-div. I guess they made the 'bet' that the drop would be bigger than the saving on paying out the dividend, plus they get to cancal a larger volume of shares?

Maybe the chap in the red suit secretly bought a couple of virgin Rockets in the fire sale, to jet propel this years Santa Rally? :)

To achieve a 4.25bn share buy back, the balance of shares need to be bought at an average of 50.899

To achieve a 4.30bn share buy back, the balance of shares need to be bought at an average of 47.448

To achieve a 4.35bn share buy back, the balance of shares need to be bought at an average of 44.435