I’ve heard they have the money ready for it (claims) 400m at the ready this will bounce back and I’m feeling near the 80p mark so I’ve read! Still yo high my AVG is 43p-45p
Yep. They had 400m put aside. It can now be more like £1.5-3.5 billion. That’s the issue.
On the bright side the buyback is back on full throttle. We should now be under 61bn shares now.
I suspect even with the increased provision we will see the shares in issue drop under 60bn next year. Either way we can expect a larger dividend.
I wish I could say the same thing about close Brothers…
Howmany shares did lloyds have before the financial crisis of 2008
I have had a look and can’t find this info earliest info I could find is 2010 and they had 68bn shares in issue then.
I do know they issued a lot of new shares when they took on HBOS so it wouldnt be unreasonable to assume they had less than 20bn pre 2007
What do we reckon the dividend will be this time (a while away I know ). I’m hoping for 2p.
Reason for today’s drop
Oh dear that’s annoying. I reckon I’m Gna buy some more of these either way. I’d like to get more under 50p but it looks like 53 is the new normal here?
Whats the point of all the buy backs if you do that sheesh
Lol. That was the first thought that popped in my head @Brownfund
Wow under 53p this morning. I haven’t seen these prices for a while. Maybe this is the start of the push under 50p?
Everything is on a downward spiral
Anyone topping up their Lloyds holdings? I think their are better opportunities at the moment but I would like to increase my holdings to the 10k mark.
Never mind I missed the boat again
The share price for Lloyds has not moved at all on the app this morning, is there a problem with the app?
Is there some news I’m not aware of? Lloyds is doing very well today
The cost of living dropped by 0.01%
Bet your not saying they today
Back over 60p and the year end results are due in the next few weeks. I wonder if they will bother with the buy back at these valuations? Doesn’t seem worth it if the price is over 60p.
I wish I’d bought more at 52p