Aviva Share Discussion Threads

[1robbob] 14/5/2022 20:50

klotsak
We will see
....and perhaps a further Share Buy-back

[klotzak] 14/5/2022 19:09

Rob, you've highlighted the word BY, so in actual fact the 19th is totally a possible date, as is any date from Monday,

[klotzak] 14/5/2022 19:03

Cassie, nonsense post. Why?

[eurofox] 14/5/2022 17:36

Here is a cut and paste from the Aviva PDF Circular in regard to B share redemption:

Expected Redemption Date Tuesday 17 May 2022
Expected redemption and cancellation of B Shares Tuesday 17 May 2022
Despatch of payments and CREST accounts credited in respect of
proceeds, if B Shares redeemed on 17 May
by Thursday 19 May 2022
Despatch of share certificates in respect of New Ordinary Shares by Friday 27 May 2022

7
Despatch of payments and CREST accounts credited in respect of
proceeds from sale of fractional entitlements arising as a result of the
Share Consolidation
by Tuesday 31 May 2022

So if your shares don't involve fractional amounts and are in a Crest Account, payments would seem to arrive on or just after 19th May

[kenmitch] 14/5/2022 17:22

wadders5

Here’s the dividenddsta website link showing you that the ordinary dividend of 14.7p will be paid on May 19th and the 101.69p return of capital on May 31st.

[wadders5] 14/5/2022 16:51

With all due respect rob, thats a copy and paste of an email from HL. Not my opinion or interpretation, just fact.

[1robbob] 14/5/2022 16:13

wadders5
NO
The one off payment will be made BY 31st MAY...not 19th Msy
19th May payment of the final dividend of 14.7p on the pre consolidation number of shares

[cassini] 14/5/2022 15:08

Fake news works because the world is full of people who have no idea how they are used.

They really don't understand how agenda/ideology/propaganda driven the media is. How 'rage' sells papers/gets viewers.

Same people were probably out clapping the NHS dutifully every Thursday at 8pm on their doorsteps during The Plague getting angry if they noticed their neighbour wasn't, and wore a mask alone in their cars... biddable, in a word.

[wadders5] 14/5/2022 14:50

Over the next week you'll see a number of changes to the Aviva shares you hold in your HL account.• On 16 May, the number of Aviva shares you own will drop• On 19 May, you'll get a one-off payment, called a return of capital, from Aviva.

[brian3777] 14/5/2022 11:20

Hi Pete160.

I was at the meeting.

The comments were made by 3 different men asking questions.

2 were in a lighthearted way, they were made in a way to lighten up the questions they were asking as they were on serious subjects.
Nobody in the A.G.M. took them seriously.

That was until at the end of the meeting when the chairman commented on them.
If the Chairman had not commented, it would all have been forgotten.

The 3rd questioner made a lot of rude remarks about the company and all of the board members, the question was long and rambling, and did not go down well with the attending shareholders.

The newspaper have taken this utterly out of context.
So yes PEART, IT IS FAKE NEWS.

Objective and balanced reporting is dead in newspapers, and the B.B.C.

[1robbob] 14/5/2022 10:08

I wonder if AV will announce a new Share Buy-back programme on Monday?

[spud] 14/5/2022 09:39

Remember, there's no cast iron guarantee on the yield uplift as it's purely a gearing mechanism as a result of less shares in issue. There's many a slip twixt the cup and the lip. spud

[rongetsrich] 14/5/2022 09:11

Maybe not invest straight back, as in the day it hits account a high number of people are going to do the same, leave it a few days before the artificially high trades returns to usual, when the chance is high if a retraction.

[pvi1] 14/5/2022 09:07

22p divi last year. 31.5p divi next year. Reinvest the B shares and you should end up with around the same amount of shares as before, but with a massive increase in dividend.

[tfergi] 14/5/2022 08:51

So what is the benefit of reinvesting the cash revived straight back into Aviva.Is it higher returns per share ?

[pvi1] 14/5/2022 07:41

If you log in on your phone through the app it shows your shares. If you log in via ii.co.uk it shows no aviva shares.

[smurfy2001] 13/5/2022 22:06

Maybe the broker is owned by Jordan Belfort

[klotzak] 13/5/2022 20:54

No need. Are you that suspicious of your broker? Maybe pay a little more and not live in fear?Plus, that does not say an awful lot about your record keeping?!! Is this your first share holding?

[wadders5] 13/5/2022 20:50

Good call.All mine showing in HL still. Taken screen shots.

[klotzak] 13/5/2022 19:59

As per my post 133333. Not sure what the problem is here, it's already been said, plus if you look further back another poster quoted the circular.

[typo56] 13/5/2022 19:40

For the stupidly rich still agonising about the CGT, on page 28 of the circular it does state:-

To calculate the tax due on a subsequent disposal of all or part of a Shareholder’s B Shares or New Ordinary Shares, that Shareholder’s CGT base cost of their holding of Existing Ordinary Shares will need to be apportioned between the B Shares and the New Ordinary Shares by reference to their respective values on the first day on which the New Ordinary Shares are listed. A worked example with details of the respective values will be made available on the Company’s website shortly after the implementation of the B Share Scheme and Share Consolidation.

So look out for that worked example next week. Hopefully it will stack up with my post 13320..but who knows!

[spud] 13/5/2022 19:09

Good to see that II are on the case early doors. Of all the O/L brokers I've used, they are head and shoulders above the rest. Rest assured that they'll be the first to sort error free. (Feeling sorry for the angst to be experienced by some other investors with lesser brokers). spudPS And I'm not promoting ABDN.

[mister md] 13/5/2022 18:32

was surprised to see my ii portfolio not showing much increase since yesterday despite big individual share gains - now I see its because of Aviva temporarily at 0.

Here's the info for those who also don't constantly check all the corporate action notifications ... :

What is happening?
Proposed Consolidation and Return of Capital
Consolidation:
Effective date of the Consolidation: 16th May 2022 Ratio: 76 new shares for every 100 shares held
Return of Capital:
Ex-entitlement date: 16th May 2022
Terms: GBP1.0169 in cash for each share held
Expected payment date for Return of Capital: 19th May 2022