RE: Today's highlights10 Jan 2025 17:38
LTI
The logic is that with big additional provisions, it will likely result in a subdued share price making any monies put into a buyback programme go further.
''My example would mean the same net result as far as reducing the share count goes, with the reduced £500 million amount going towards provisions instead. So if the same share reduction result , a positive thought process would be that the additional provision has cost Zero''
If we were to follow your logic that would imply the lower the share price the better. I for one would not like to see a falling share share price ( 40p, 30p, 20p, 10p and then bust ) irrespective of how favourable that might be in terms of buybacks.
Let us shareholders have +5p a share instead in the form of yearly dividends.
We can then decide if, and at what price, we buy back the shares.