Lloyds Banking Share Discussion Threads

[jackie ladd] 16/7/2024 14:51

Go on loon

[institutional investments] 16/7/2024 14:51

jubber, they are all waiting the ftse determination. PRU. LLOY etc, all waiting at standard spots. Big crashes if ftse is no support

[jackie ladd] 16/7/2024 14:48

Off ya pop loon

[jackie ladd] 16/7/2024 14:47

Why do you keep gibbering to yaself?

[jackie ladd] 16/7/2024 14:47

How much you lost this year loon?

[institutional investments] 16/7/2024 14:46

Jubber, not for me to say if it will or wont. But sub that and even pension funds along with other fund managers must adjust. No choice. tbf, the smart ones already have

[jackie ladd] 16/7/2024 14:45

OUCH LOON!!!

[jackie ladd] 16/7/2024 14:44

And ELEVEN OUT OF LEVEN LOSSES IN SIX MONTHS!!!

[jackie ladd] 16/7/2024 14:44

You realize how ill ya look right?

[jackie ladd] 16/7/2024 14:44

Why do you repost the gibberish of ya other usernames loon?

[institutional investments] 16/7/2024 14:41

Jubber, now is not the time to ponder it

big ftse test imminent. Sub 8106s is all stock like this, going for a nosedive

[institutional investments] 16/7/2024 14:40

Vlad The Impaler - 11 Jul 2024 - 14:50:53 - 30516 of 30583 Lloyds Bank (LLOY) 'On Topic only' - Thread - LLOY
In technical terms, there is little point in buying back an offload zone. Just handing money over to sellers really

[institutional investments] 16/7/2024 14:39

"To your specific question the buyback has not been terminated and is still in force. The Buyback is always structured to endeavour to optimise the price shares are purchased at over the period it is in place"

[jubberjim] 16/7/2024 14:34

58.28 looks like a supoort

To this amateur

Not invested just interested

[hardup1] 16/7/2024 14:17

I have had some email correspondence with Douglas Radcliffe at Investor Relations today asking for information as to why no shares have been bought back since 3rd July. The reply I got seems to allude with the information in my posts numbers 30525 and 30526 I made on 11th July. I have copied his reply below.

"Further to your recent e-mail, and as you are no doubt aware, we have an up to £2bn share buy-back programme in place of which nearly £1bn has been completed to date so far this year.

The share buyback programme works by reducing the total number of shares in issue, meaning that shareholders will benefit from a greater share in the organisation’s distributions in the future. All else equal, this would also be expected to support the share price.

To your specific question the buyback has not been terminated and is still in force. The Buyback is always structured to endeavour to optimise the price shares are purchased at over the period it is in place (to be completed by the end of the year). Clearly from a company perspective the lower the share price the shares are bought at the more beneficial it is for both the company and remaining shareholders but clearly estimating when the share price is optimal is difficult. We therefore aim to have the programme in place for a number of months to ensure opportunities can be maximised and support is available if needed and whilst taking into consideration the volume weighted average price over the period. That is why you often see lower volumes at time of share price strength. This is exactly what has happened over the last few days. Given the strength of the share price the purchase levels have reduced.

I hope that is helpful.

Best regards,

Douglas."

[jackie ladd] 16/7/2024 14:17

Sheedy is ALWAYS stupid

[justiceforthemany] 16/7/2024 14:15

Brave or stupid to be shorting the FTSE when CPI comes in with a 1 handle tomorrow and rate cuts start in 2 weeks.

[jackie ladd] 16/7/2024 14:11

Daily ones?

[jackie ladd] 16/7/2024 14:11

How.many you had this year?

[jackie ladd] 16/7/2024 14:11

First step mate

[jackie ladd] 16/7/2024 14:10

Glad you admit to ya meltdown loon

[utrickytrees] 16/7/2024 14:10

Even the Taffy rugby team are all jazz hands & tight fitting shorts so it comes as no surprise really.