The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I agree with Dogwalker...why upset about selling out at a big loss...you made the decision to sell..nobody else...OXB have informed shareholders of a POSSIBLE claim against the company which I suppose had to made public...directors are not allowed to purchase shares 2 months prior to interim/final results or 1 month prior to quarterly announcements...so I suppose the CFO hasn’t done anything wrong...he may have been wanting to purchase shares anyway. ? You would have been complaining if they hadn’t made the announcement and you had purchased shares...so damned if you do..damned if you don’t!!!!
@Lambcurry this it was they said "Aviva plc ("Aviva") today announces that the Board of Directors has agreed to withdraw its recommendation to pay the 2019 final dividend to ordinary shareholders in June 2020. The Board fully recognises the importance of cash dividends to all of our ordinary shareholders, and expects to reconsider any distributions to ordinary shareholders in the fourth quarter of 2020" - they have withdrawn the 2019 final dividend and will not be paying an interim dividend [that's how I read it] and will only make any decisions in Q4 what/if they might pay.
@Lambcurry this it was they said "Aviva plc ("Aviva") today announces that the Board of Directors has agreed to withdraw its recommendation to pay the 2019 final dividend to ordinary shareholders in June 2020. The Board fully recognises the importance of cash dividends to all of our ordinary shareholders, and expects to reconsider any distributions to ordinary shareholders in the fourth quarter of 2020" - they have withdrawn the 2019 final dividend and will not be paying an interim dividend [that's how I read it anyway]and will only make any decisions in Q4 as to what/if they will pay anything for 2020.
I sent an email this morning to ask if the BOD are preparing to have a cut in salary/decline bonuses etc and I have received a reply to state that "they will bring this to the attention of the board" - I'm not sure if that will happen or if the email will find its way in the bin or shredder before it reaches the BOD?? At least they responded. If anybody wants to send them an email to make your views heard then the email address I used was IR@aviva.com - GOOD LUCK
Further to this comment in today's post " The Board fully recognises the importance of cash dividends to all of our ordinary shareholders, and expects to reconsider any distributions to ordinary shareholders in the fourth quarter of 2020." - I read into that that will not be recommending an interim dividend either?? - I have emailed investor relations to ask what hit the BOD are intending to take to help the company retain money, are they going to decline bonuses or take a pay cut [other companies are announcing such measure!!] - will see if I get a response.
Well lets hope that the takeaways continue to trade (just like the UK Domino's) and it sounds like it could be a boost to their earnings and give them extra recognition within Poland. Domino's UK have seen a surge in orders since the lock-down. Finers crossed!!
Yes there was some shares repurchased on Friday:-
Description of shares:
Ordinary Shares
Date of purchase:20 March 2020
Number of ordinary shares purchased: 2,627,893
Lowest price per share: 188.10
Highest price per share: 205.00
Trading venue: XLON
Aggregate volume per date per trading venue: 2,627,893
Weighted average price per day per trading venue: 195.1447
The human race has survived thousands of years so far without an anti viral, fungi, germs etc toilet seat and as GW states you should be washing your hands after using the loo regardless (even before the covid-19 outbreak). Just my observation!!