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I don't usually like share buy backs (lloyds Bank) but i feel this is a good decision, increased divi, looks very cheap now to me.
"Lloyds making double digit returns to shareholders. If Billions of shares being repurchased and cancelled each year continues with a good dividend yield on top, that will be fine by me."
Oh yeah, i forgot!
I really do struggle to see the point of share buy backs although every company seems obsessed with them, appears short sighted to me, lack of ideas.
Come on baby, I'm on £1,118 a penny on lloyds. "Show me the money". Will be watching the results from kafalonia Greece island, no fires
here. Huge thanks to M&S gains for paying for this latest family holiday. Xx
Not just any old holiday, an M&S holiday!