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Started by Fair play, 18-10-19, 03:48PM
Quote from: RavversSaye option price is Â£2.19 - just wish I could do another one but Tesco made me redundant on the 28th
Quote from: Rad on 20-10-20, 10:33AMAfter the special dividend is getting paid (the asia sale) , the shares will be diluted or consolidated to fund the pension gap, so it looks like the shares are a very, very long term investment.
Quote. Return of proceeds to ShareholdersIt is currently expected that the return of proceeds to Shareholders of c.Â£5.0 billion will beimplemented by way of special dividend. In order to maintain the comparability of the TescoGroupâ€™s share price and per-share metrics before and after the return of proceeds, theCompany also intends to undertake a share consolidation in conjunction with the return ofproceeds. It is expected that full details of the return of proceeds and share consolidation willbe made available to Shareholders shortly after Completion, at which time a separate generalmeeting will be convened to seek Shareholder approval for the return of proceeds andassociated share consolidation.
Quote from: notsofunny on 22-10-20, 10:21PMQuote from: Rad on 20-10-20, 10:33AMAfter the special dividend is getting paid (the asia sale) , the shares will be diluted or consolidated to fund the pension gap, so it looks like the shares are a very, very long term investment.How did you work that out ? and which place did you read that from ? Since I have heard nothing to that effect ,The money they get from the sale will be used to pay a special 51p divi , and the rest will be used to fund the Pension gap this has already been said before , with no talk about Share Consolidation or split ,Consolidation is when they buy up shares to reduce the number of shares issued , which means the single share value goes up ,since the total shares on the market will go down share split would be when they make 1 share into 2 which means the single share value goes down , but the 2 shares together should still keep the same valueBut in both cases the total share value should not fall ,Normally Splits are done when the value of shares become so high that buying and selling them becomes to expensive In both cases it does not mean that the value of your shares will go up or down ,I just think making comments like you have with out any explanation or understanding is out of order ,
Quote from: Fair play on 07-10-20, 07:12PMI rang the helpline today . Will be paid 51p a share 22 November
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