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HBOS - HBOS Ord shares
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Francophile
Posts: 765 Forumite
Hi, I hope this isn't a stupid question but does anyone know the difference between HBOS and HBOS Ord shares. I have a few shares in HBOS and didn't opt to buy more when they made the offer recently. I thought I'd check the share prices today and of course now they are showing difference prices for HBOS and HBOS ord. I have what would have been the original shares so which do I have HBOS or HBOS Ord?
Member #7 SKI-ers Club
Norn Ireland Club Member 215
Norn Ireland Club Member 215
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I think they're the same, ie closed at 289p today
http://www.londonstockexchange.com/en-gb/pricesnews/prices/Trigger/genericsearch.htm?bsg=true&ns=hbos0 -
On teletext today they were showing with 2 different prices which is why I was confused.Member #7 SKI-ers Club
Norn Ireland Club Member 2150 -
I think they have 2 stocks available - preference shares and ordinary shares.0
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I have a few shares in HBOS and didn't opt to buy more when they made the offer recently
The shares subject to the rights issue, and the one's you hold are the Ordinary Shares.
The Epic is (surprisingly) HBOS and closed at £ 2.89 on Friday
http://www.finance-glossary.com/terms/ordinary-shares.htm?id=1065&ginPtrCode=00000&PopupMode=false explains Ordinary Shares
The company also has 5 different classes of Preference share in issue with tickers HBOA HBOB HBOC HBOP and HBOX
http://www.finance-glossary.com/terms/preference-shares.htm?id=1154&ginPtrCode=00000&PopupMode=false explains Preference Shares'In nature, there are neither rewards nor punishments - there are Consequences.'0
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