Aviva Share Discussion Threads

[dr biotech] 18/6/2018 14:23

Well it’s one of my few blues today..

[zho] 18/6/2018 11:27

Comment on Allianz/Aviva at

[zho] 17/6/2018 08:47

>>May give us a much needed boost>>

Perhaps not, as possibility of Allianz buying Aviva was mooted by Bloomberg 5 days ago:

[dr biotech] 17/6/2018 08:29

hxxps://www.thetimes.co.uk/edition/business/allianz-boss-oliver-baete-in-hunt-for-big-uk-deal-such-as-rsa-or-aviva-38ktp89n9

May give us a much needed boost

[bargainbob] 09/6/2018 19:02

The 5 Bob 5 coin links Qty 6 30 coins in total

[mj19] 09/6/2018 18:40

https://www.insurancetimes.co.uk/insurer-shares-plummet-amid-amazon-home-insurance-rumours/1427342.article

[grahamite2] 06/6/2018 15:09

Looking to buy but will wait a bit. If it falls below 500 that'll trigger a lot of stops.

[uppompeii] 06/6/2018 09:19

Not going so well after that little run.

[stewart64] 17/5/2018 10:24

Buying your shares back at recent highs does suggest confidence though in value still. Buying them back in troughs meanwhile smacks of trying to underpin the price to save the Board's skin.

[cwa1] 11/5/2018 07:34

Anyone go to the AGM yesterday? It seems to have been noisy re the prefs scandal:-



Aviva boss Mark Wilson is facing a bonus cut after a humiliating failed attempt to cancel special high-yield shares triggered an outcry across the City.

The chief executive, who earned £4.3million last year, was slammed by shareholders at the insurer’s general meeting yesterday.

They claimed he had blackened Aviva’s name by threatening to cancel the so-called preference shares for less than they were worth on the market.

[mark1000] 03/5/2018 10:28

Take the buy backs over the 8 months -taking the 600 million dividing by the number of trading days say 160 approx lets assume its complete by Christmas avoiding thin trading between christmas and new year averages out at a spend of approx 3.75 million pounds per day so on the current share price 536p = an average daily purchase of 700,000 shares. My guess is they will front end it a tad as they will not want to be caught out squeezed to pay high prices in December to meet the 600 million commitment.

[scobak] 01/5/2018 21:07

Share buybacks are fine when there is a low share price However now the price has risen since they went x div I think it is good money after corporate bad. You would have got a lot more bang for your bucks at £4.90...... or they could start buying the dips!

[montyhedge] 01/5/2018 18:35

Buybacks are a waste of money unless the shares are cancelled, normally just put into treasury.Helps eps makes the directors look good.

[alan@bj] 01/5/2018 18:13

Lloyds buybacks certainly haven’t stopped the share price falling.

[lord gnome] 01/5/2018 17:31

Exactly cordwainer. I hate share buybacks.

[grahamburn] 01/5/2018 17:30

That is a common result of buybacks. IMHO never been a fan of them regarding them as a waste of spare cash as it doesn't get into shareholders' pockets or even into a rise in their asset value. Similarly, all too often buybacks just flatter the company's EPS which in turn benefits executive bonuses, though that may not be the case here quite so much.

[cordwainer] 01/5/2018 17:21

disappointed that the £600m is not a special dividend or on top of interim divi.
at about 2.75% of market cap, the buy backs could easily get frittered away by traders instead of going directly into my portfolio.

[dr biotech] 30/4/2018 13:18

Wilson has done a very good job here. As someone who has a years salary invested, I want him to stay.

Not saying it wasn’t a botch, bonuses should be slashed but 14m isn’t a huge loss compared to the melaise we were in unde Moss

[ianood] 30/4/2018 11:50

Can't agree with that, sorry! Sounds like a Corbyn comment :)

[muffster] 30/4/2018 10:49

The error? Oh 14 million pounds is just an error in your mind.

[uppompeii] 30/4/2018 10:38

Hopefully no one. They've conceded the error and compensated. I'd rather that were the end of it. I remember the Moss days, the current board should continue on with what they've achieved so far.