Woolwich \ Barclays

orangecat

When Woolwich Bank merged with Barclays Bank I believe that Woolwich customers recieved some shares. If so, I am wondering if I would have been entiled to same, as at the time my mortgage was with Woolwich?

Thanks for any info.

umami

When Woolwich became a bank we got woolwich shares.
When W. subsequently merged with B. we got our shares converted to B. shares.

sabretoothtigger

Right now barclays shares are so low you could just buy them cheap instead with savings on your mortgage interest

blackwidowz

I didn't get any shares when they changed to barclay's..

worst thing that ever happened..

sabretoothtigger

The reason mutual customers get shares is they own the business prior to a public float.
Just being a customer of a bank gives no share but the price point the arabs are buying barclays at is the same as the public share price right now