Member Info for shatter

Another vague Rns.

Any upwards movement would be appreciated :-)

I think we can give too much credence to the share buy back. This has been in the 400p trading range since April, with the odd blip. The buy back is only for 5% and only started in August.

Not sure what is going to shift this off the £4 starting blocks ? Must be the kiss of death from the broker ratings. How can so many be so wrong. Forgetting the buyback as they never make any difference it’s concerning that after all the cost cutting and trimming of the business and seemingly good results Aviva is merely treading water.
Heck, even the banks have seen an uplift in their sp in these turbulent times.

Special Divi…
“We are delivering on our commitment to make a substantial capital return to our shareholders. We intend to return at least £4 billion to investors by the end of the first half of 2022, starting with a share buyback of up to £750 million.”

Nice surprise for some…

Now watch the sp go sub £4.00 again…can’t be bothered to look but can anyone remember reading when they are going to announce the special divi ! Getting lazy in my old age..

Personally I like the thought of a Divi. The buy back is only 5% and is easily lost in a couple of bad days trading. If Aviva can remain on track with cost cuttings and strong results there is no reason a special Divi will adversely affect the share price in the long term. To add perhaps 20% to my Aviva portfolio will be most welcome. Only my opinion.

Reports emerged Cevian has built up a 5% stake in Aviva (AV.), the UK-listed insurer, and plans to push for greater cost cuts and a return of up to £5 billion cash to investors.

Aviva saw its share price rally more than 3% in response to 424.87p as investors piled in on hopes that a hefty lump sum could be up for grabs. But how much cash might this actually see individual investors get for each share they own?

To work this out we need to find out how many shares Aviva has in the market, then divide the cash return figure by those shares in issue. Declarations show that Aviva had 3,929,319,641 ordinary shares in circulation at the end of May 2021.

5,000,000,000 (implied cash return)

3,929,319,641 (shares in issue)

= 127p per share (approximately)



At the current share price, that would imply a rough 30% yield. However, on the assumption the cash return did happen, investors need to remember that the share price would almost certainly fall by an equivalent 127p amount in the short-term since that cash would no longer be in the business.

Take from this what you want. Might be 3.5 billion after the share buy back but it’s still going to be a hefty dividend. We assume this is going to happen so anyone who doesn’t want the Divi will have more than enough notice and they can sell.

If you look at the last 5 years charts it’s definitely a slow burner… this time next year, eh !

The hope is that the sp rises significantly when the special Divi is finally announced. It is also hoped that Aviva’s finances are in good shape and the sp will recover. There is a lot of hope but in the worst case scenario you should be no worse off.

Brill, that’s service…I have mine in an Isa through Halifax so should see the Divi later but it has never been reinvested on the same day.

No special paid unfortunately..

Concerning a T/O are we still a one trick pony when it comes to making money. The vaccine is making profit but how long will that last? Cash burn is always an issue and as to where the sp will be in a year I suspect it will be up other than that I ain’t got the foggiest….

Would be more than happy to reinvest mine at £5 ;-)

The 750 million is only 5% of Aviva’s market capital so isn’t exactly the golden goose laying the golden egg. Aviva has downsized which the market doesn’t seem very impressed with so once the cash pile has been distributed ( eventually) where does that leave Aviva?
As so rightly pointed out in the past by many posters the special Divi will drop the sp by the same amount but can Av. recover. This share can lose 2-3% in a day so the buyback is a waste of time. It makes the bod look as if they are doing something meaningful and helps justify their bonus.

Seem to remember a previous Aviva share buy back around the £5.00 mark. That worked well. Yeah, Aviva are managing to buy back shares whilst dropping the sp. if there is a hint of a future share buy back I’m out. Nothing surprises me with this share. Hints of honey but instead ends up being dog poo !

It’s working well and driving the sp up, not!

That’s Serums shares into the market place now. They bought at 1478p so not making much! Hopefully close to bottom now.

Hi Kern,
Could be risky trading this now.. was tempted by Sar but have had my fingers burned too often. Hope it comes good. Some big blue chips in my portfolio and the only risky one at the moment is perhaps Sym. Bought it at the peak unfortunately.

For a company valued at around £ 1.3 billion it really bounces around. Must be off putting for new pi’s. Good luck with ASOS.