Re: Aviva to commence £600 million sha... Id rather they just paid a special dividend.
Aviva to commence £600 million share buy-back Share buybacks? we shall see if they make any difference now,here`s hoping,............ Aviva to commence £600 million share buy-back Aviva plc ("Aviva" announces that it will commence a share buy-back of its ordinary shares for up to a maximum aggregate consideration of £600 million. As outlined in its recent 2017 results, Aviva has significant excess capital and has committed to deploy £2 billion of this in 2018. The deployment includes £900 million of debt reduction, £500 million for bolt-on acquisitions (c£100 million already committed to the acquisition of Friends First in Ireland) and a £600 million ordinary share buy-back. The dividend yield on Aviva shares currently stands at 5.2%*, and with the dividend expected to grow further, the Board believes a buy-back is a compelling use of Aviva's excess capital. Aviva has entered into an agreement with Citigroup Global Markets Ltd ('Citigroup') to conduct the share buy-back programme on its behalf and to make trading decisions under the programme independently of Aviva. The programme will commence on 1 May 2018 and will end no later than 31 December 2018. Shares acquired by Citigroup under the agreement will be immediately sold on to Aviva and, to the extent permitted by law, such ordinary shares purchased will be cancelled. Aviva has received regulatory approval for the buy-back from the PRA. Mark Wilson, Group Chief Executive Officer of Aviva plc, said: "Aviva has significant surplus cash and capital and we are deploying £2 billion productively in 2018. The £600 million buy-back, together with our plan to repay £900 million of expensive debt maturing this year and invest in bolt-on acquisitions, will grow Aviva's earnings, strengthen cashflow and improve debt ratios."
Re: AV to compensate pref share vendors thanks that is good newsFL
Re: AV to compensate pref share vendors Yes, this will cover you too.[link]
Re: AV to compensate pref share vendors Does any one have any clarity as to whether this applies to AV preferences only or covers General Accident also - further is it restricted to AV ordinary share holds or is it covering, in my case a holder of GACA pref shares onlyFL
Re: AV to compensate pref share vendors [link] before
AV to compensate pref share vendors [link] will make goodwill payments to those who sold their preference shares in the wake of the recent announcement. Good show!
NEW ARTICLE: Trends and Targets for 20/04/2018 " FTSE FOR FRIDAY (FTSE:UKX) & BRENT CRUDE again. Before launching a breathless monologue about Fridays potentials, it's probably best to mention OIL. Last time we discussed BRENT, we suggested in Oil Index needed better 8940 to be taken ..."[link]
Re: x-div recovery I added just under 490. Good value as that sort of price.DL
Re: x-div recovery ....thats why i've been buying lately Radaking.....SAGE
x-div recovery Good to see old AV. clawing back to where it was when it went x-div last Thursday.I noticed it has good support to date around £4.87ish ,however we appear to have gone and are going nowhere for the past 4 years.I reckon a special div with the interims in August could be the catalyst to break the £5.50 resistance level.....ruling out any major crash or correction......
Re: WhenÂ’s record date Final 19.00pPay 17-May-18Ex 05-Apr-18Record 06-Apr-18
Re: WhenÂ’s record date To be fair, to those asking these basic questions, the increasingly p@thetic iii website omits info such as this for no other reason than inc0mpetence or laziness which amounts to the same thing. I am getting sooo sick of iii. If anyone discovers a site that works correctly, AND offers a bb - do let us all know!
Re: WhenÂ’s record date Have a look ataviva.com/investors/dividendsRgds
WhenÂ’s record date (Asking for a friend 🙃