RE: Buyback update29 Feb 2024 08:23
QUOTE''
The cancelled shares to date will save £1,506,164.79 from the Final Dividend payment which goes ex-div on 11th April.
''UNQUOTE
I love the fact our Final Dividend payment which goes ex-div on 11th April, and I see Barclays went ex-divi today ?
I am in no doubt Lloy CEO has an extended date here because the Buy Back and they want to sweep up as many unloved shares as possible and in turn reduce the Dividend payments to the ungrateful ones and save the Bank money on the way :-)
Win Win in my eyes
Love it :-)