Am I right in thinking that under the old chap before Simoes the intention was to increase the dividend by at least 5% every year and when he Simoes landed he dropped that objective and was looking for only a 2% increase hence the disappointing share price performance in comparison to Aviva.
This latest news might go some way to redress the imbalance
IMHO |
Plus 5% position in LGEN taken by the acquirer. this should hit 2.50 today and then up from there over 2025. GLA |
Good news but don't get carried away
Just holding the divi for the 3 years returns about 26% of market Cap
The 1 BN byback is another 7%
that implies an additional £1BN return over 3 years as a mix of divi and BB, Thats c 18/19p of additional income growth offset by whatever they spend on BB,
It might spark more interest in the shares and who knows, the new JV might grow like topsy but as it stands it is nice but not going to set the world alight
If there is a big spike it might be worth selling out and waiting for the froth to blow over |
L&G anticipates an additional share buyback of £1.0bn following completion[3]and now expects to return the equivalent of c. 40% of its market cap to shareholders over 2025-2027 through a combination of dividends and buybacks |
Finally ,happy days! |
Wow, should be a strong open |
António Simões, Group Chief Executive Officer of Legal & General said:
"This is a transformative transaction that brings significant strategic and financial benefits to the Group and demonstrates our commitment to deliver on our strategy..." |
It’s got to get a re-rating now. Surely the analysts will be sharpening their pencils? |
40% of MC expected to be returned to shareholders over 2025-2027 through buybacks and dividends.. :o) |
I am getting an uneasy feeling looking at share price movements
Cannot make head nor tail as to reasons I'm staying where I am until results
Be very careful |
Adjusted the central heating water temperature a bit. |
Closed a few LGen bullish positions. |
3.6m overhang cleared ? |
A lovely dividend stock. Long may it continue. |
PJ - Yes.spud |
Over the next 16 months
2 x Final dividends paid
1 x Interim dividend paid
Totals 37p
gla |
Spud I think you mean 7427 |
net
This is DEFINITELY not the board to discuss Lucy Letby/Starmer, etc. No more, please
All
Whilst the downticking DOES happen on this board, therefore is tangentially relevant, I think everyone know who's doing it by now, so just leave him to it and let's not add TOO much to it on here
Cheers all |
I thought it was an advfn marketing thing to encourage posters to upgrade?
What is the point of premium if you cant down tick?
😀 |
Post 7472 will give you a clue. Strange how he's never marked down even though every other post is.........A sad lonely and insecure individual who justifies the cost of a premium account to downtick here and on numerous other threads.spud |
Was Stamer in charge of the CPS when Lucy Letby was set up? |
and now for the much more amazing news, not covered because oh nooo, the indexes have moved a couple of %
BTC drops to 90000 and then rebounds to 98000 |
f the usa
this is a simple tech retrace.
bonespurs will be toast soon |
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