TSB

[eek]

I've got shares in the TSB but there were issued sometime back in the 80'swhen it was floated on the stock market. Has the company been re-invented or something?

Lloyds and TSB merged in 1995. As part of Lloyds purchase of Halifax Bank of Scotland part of the merged Lloyds TSB was supposed to be sold to the Co-op. When that fell through Lloyds had no choice but to separate out the branches that were to be sold to the Co-op, rebrand them as TSB and float the new company...

[darmstadt]

I've got shares in the TSB but there were issued sometime back in the 80'swhen it was floated on the stock market. Has the company been re-invented or something?

[lukemg]

Yeah, I have chucked some at it. Institutions have signed up happily and it is apparently 'priced to sell'.
Not expecting to get lots of shares OR it to do a RoyalMail but should be positive.
Might hang on for the free shares in a year but might take the few bob if it kicks into profit early doors.

[Jeebo72]

Who else has gone in? Can't work out if it's a good move or not, so settled for 2k (if they give me that). Given that everyone on here is an investment genius, I’d value (not really) your opinions.