Thanks Net yes 3 more good examples indeed!
I think then posters on here fall into one of 3 broad camps:
1) buyback is not paused they can do what they like who cares
Fair enough.
2) buyback is simply waiting for technical average price to fall again before restarting
Possibly! But wouldn’t that mean it could never restart in a constantly rising market?
3) buyback is suspended to comply with the UK Takeover Code
Could be a subtle clue for savvy investors to jump on board? |
Hi loginname: Its hard to get a good list but after extra promoting I got these extra examples: (paste from the beginning of the slash slash direct into your URL field) - Sainsburys, Centrica and Sky
https: //i.ibb.co/b5cSzPNW/Screenshot-2025-02-15-083318.png |
 ChatGPT : “List uk share buybacks that were suspended by a takeover”
“In the UK, companies often suspend share buyback programmes during takeover discussions to comply with regulatory requirements and ensure fair treatment of all shareholders. Here are some notable instances:
1. Britvic plc: In June 2024, Britvic suspended its £75 million share buyback programme following a takeover proposal from Danish brewer Carlsberg. This suspension was in line with the UK Takeover Code, which restricts companies from undertaking certain actions, including share buybacks, during an offer period to prevent potential market manipulation.
2. Virgin Money UK PLC: In March 2024, Virgin Money UK suspended its £150 million share buyback programme after agreeing to the terms of a cash acquisition by Nationwide Building Society. The company subsequently cancelled the remaining £87 million of the buyback programme, fully deducting it from its common equity tier 1 capital resources.
These actions reflect the standard practice of suspending share buybacks during takeover periods to adhere to regulatory guidelines and maintain market integrity.” |
However, demand for goods and services is price elastic so trying to charge £8.50 for a sandwich so the punter working the till can get paid £20/hour probably means that the sandwich shop will close. (I bought a coffee, sandwich and banana yesterday for £13.75 - I won't be doing that again:) )
Marksp, Pret a Manger don't pay their people £20 per hour, £9 is the wage also people who struggle to pay their rent and grocery bill do not buy sandwiches from expensive places. You treated yourself and then thought what a bad deal it was. I have six grandchildren between 18 and 23 who are at UNI or work, all of them can make a sandwich and buy a banana for less than a pound.
I agree with you on one thing, £13.75 is highway robbery, you must be rich!! ;} |
going against the tide -- News? |
Volume, if not price so much, is a bit perkier today by ITV's dismal standards. |
"So, as the Marginal propensity to Consume is higher the lower the income, we should increase taxes on anyone who saves money and pay higher benefits to those who don't work and increase the minimum wage."
@Royston,
I thought that was pretty clear. If someone is poor, MPC tends to 1. If someone is rich, MPC may be very low. i spend about 75% of my income. Any new income is saved so my MPC=0. Giving me an extra £100/month will have no impact on growth as I will not spend the money.
I made no comment whatsoever about the working poor or the moral equation, so huffing and puffing about it is silly.
You made a case for stimulating growth based on MPC even though you didn't use those words. Redistribution in that manner is old fashioned socialism. However, demand for goods and services is price elastic so trying to charge £8.50 for a sandwich so the punter working the till can get paid £20/hour probably means that the sandwich shop will close. (I bought a coffee, sandwich and banana yesterday for £13.75 - I won't be doing that again:) )
Nout to do with politics or the newspapers I read. Everything to do with human behaviour. |
jonnybig, lmao. |
price at a critical point atm imo... |
Stan, do you have any itv in your portfolio? I am very curious |
Lets assume a company wanted to eject the "oily rags", for unknown reasons.
Best way is when a natural stock market correction occurs, unfortunately it hasn't happened to expedite the matter.
The company gives out believable bad news to stop more buying, and wear down the existing ones.
How about, this latest theory, of keeping the price artificially low, then announce a "buy-back", then you use the average buy-back price to announce a "management buy-out",plus the customary 40% on top.
So lets start at 73p plus 40% = 102p
Move over Inspector Clouseau!! |
Go back to maths class, you clown, it's a penny jump in a few minutes, look at the chart it's a spike. Smurf by name smurf by nature, LOL!!!!!!!
spud |
LOL half a pence spike run up. Let's all have a drink and celebrate. |
Well, there has been no resumption of the buyback as alluded to by the ignorant after the spike, exactly as I suggested. Oooooo I'm good at this, eh? 😁
spud |
Whatever happened to 80p two weeks ago?Is there no end to goldys lies? |
tlobs2, 2021. He thinks 4 years late will still make him sound like someone in the know. |
I'd like to join in too - put me down for Pancake Day 4th March ;) |
We'll hear something over the weekend...
(I just thought Id randomly join in) |
OMG "Nothing happens till mid March"
Which ferkin year are you predicting now goldfinger. You have posted some dross for the past few years. |
Many thanks for the update, goldfinger! It's so refreshing to see there's someone else on here with some sense!
spud |
You're correct Jonny, spikes will occur on the run up to take out.
Nothing happens till mid March, that's what I am told. I heard Toptopflop has put all his money up and bought a couple Netflix shares, so Toppy is going to lose 50% by mid March while ITV longs jet off to sunnier climes!!
ROFLMAO |
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