Member Info for StrollerB

Historically LLOY have issued circa 750m shares per year as part of the renumeration packages.
No buy back , shares in issue go up. Buy back more than 750m, shares in issue go down. Simples.
I have no reason to believe the renumeration packages will change going forward.

Marab: Short of a RNS LLOY could not make it any clearer. Final dividend is based on 1/3 , 2/3 so Final will be in the region of 1.3p . Buy backs will be in the region of £1b total roughly £2b. That leaves open the question of a special dividend. On which LLOY were non committal. In fact they ignored the question. They spoke about headwinds in 2022 but no detail so how much special they can afford is anyone's guess. I am hoping for 1p =£700m.

All the above my interpretation of the December Webinar and does not represent advice.

Please put me down for 72.25p

Kassam :
My prediction based on no more than that which I think they can afford.

Final dividend :1.34p = circa £1.0b
Special dividend: 2.0p = circa £1.4b
Share buy back programme £2.0b
Total £4.4b

I live in hope

Cebo :
Point taken. Forgot Theorem were not listed
You are correct in as much as VAL can release an RNS whenever they wish but the MM's take a rather dim view of them being released mid market.

I believe the normal protocol is for announcements to be made when both markets are shut. If I am correct US announcement overnight tonight UK RNs 7am tomorrow. If not then UK RNs -7am Tuesday explaining why.

Dr. Dilly has repeatedly stated that she expects the deal to be complete and funds to be received by the end of the year .
Both these events are share price sensitive. I therefore expect a RNS to be issued no later than pre market open on Tuesday January 4th 2022 stating they have happened with appropriate detail or an explanation of why they have not happened along with a forward view of revised events. Failure to do so would in my opinion be a breach of market regulations.

sell 38 buy 40 but offering 39.18 for 5k.
MM's fishing for shares or just trying to stimulate the market ?
Pays yer money , takes yer choice.

My son recently took out mortgage fixed for 3 years. My advice to him was if you cannot afford a 4% increase in your mortgage rate you better start by paying down capital from the start with what you can afford now.

I have a friend who was a very senior figure (now retired ) at a major housebuilding company.
He maintained the secret to a successful housebuilder was a balance between land bank , building and selling - a conveyer belt - with a costing breakdown of 1/3 land , 1/3 build , 1/3 profit.

I don't expect to see the final dividend in excess of 2p - cost £1.5b - leaves room for progressive increases to come
I expect to see share buy back in the order of £1.0b - circa 2b shares
Special dividend of 1.5p would be good - cost £1.1b

Total cost £3.6b

Still leaves plenty of fat to bolster choppy times

Hope you are right.
I maintain the right to remain cynical where hard nosed money men are involved.

Excellent podcast following on from the recent Q&A.
I have no doubt VAL can achieve its objectives.
Following my experience with Sirius my only concern is if a big pharma decides it likes what it sees and rather than paying upfront and royalties to follow it decides to buy the company. If say they offered £1.50 a share ( way below the potential imo ) I suspect most shareholders would take the offer.

order "at best" still pending. Grrr Grrrr

I've had an order for £4k worth since 08:05 this morning. Still pending. Grrr.

It strikes me that whether you wish for a special divi or buy back, or both depends on why you are invested.
I am not overly interested in the SP as I have no intention of selling as long as normal dividends continue and grow . I am looking for final divi of around 1.3p/1.5p making full year around 2p. At my avg price that represents for me a decent return in the current interest rate scene ( yes my shares are in an ISA). In Feb '18 the SP was 67p with 72b shares in issue. In September '21 SP was 45p with 71b shares in issue . So despite spending billions of pounds on buy backs other events have swamped the SP. I believe I could have achieved better returns with the cash thank you very much.

I'm with II.
Despite having my dividend in my account since Monday morning II exercised my DRIP instruction at 11:39 this morning. Just a fraction off the highest price so far this week at 44.4p. With skills like that in the future I will be taking the money and choosing when to buy . Thanks II.

Money in account first thing but DRIP not yet happened

23.6 to sell 5k

Driven by mm's/brokers buying in advance of DRIP requirements on Monday/Tuesday perhaps