Buying M&# shares

DavidSteward

i recently read that M&S had some shareholder perks that were not always transferred from the holding stockbroker to the client. The trouble is I can no longer find the article
Can anybody advise how I can buy M&S shares and hold them to get the perks sent directly to my wife?
Thaks
Davd

[Deleted User]

https://corporate.marksandspencer.com/investors/shareholder-information/shareholder-perks/e-comms-offer

DavidSteward

Thanks for the rapid response, I will follow it up ASAP.
David

george4064

Which stockbroker do you use where your M&S shares are held?

Stockbrokers aren't obliged to pass on any shareholder benefits, as ultimately from the registrars point of view it is the stockbroker that owns the shares not you. So its really a choice for the stockbroker to pass on the shareholder perks or not, note that some perks might not be possible to pass onto due to being an administrative nightmare!

DavidSteward

Thanks for the reply.
i have not bought any yet and the service is being withdrawn so a may not buy any.

David

george4064

To be honest, you shouldn't be buying shares for the shareholder perks anyway!

eskbanker

george4064 said:

To be honest, you shouldn't be buying shares for the shareholder perks anyway!

Why not? It's maybe not as popular an activity as it once was, but in some circumstances it's perfectly legitimate to buy the minimal shareholding necessary to benefit from perks if the cost/benefit case works out.

badger09

Presumable these aren't just perks. They're M&S perks

JGB1955

Yes.... they are perks that involve you spending money at M&S, so not really perks at all....just discounts.  I wouldn't bother if I were you (and 'Yes', I have shares).

bowlhead99

My small number of M&B shares weren't bought for their financial strength so much as for the annual book of vouchers they send to shareholders towards the end of each year. They have plenty of different sub-brands and if you and friends were going to go to your local gastropub a few times a year anyway, a discount on food and booze is welcome.

(Yes, I know the thread is about M&S shares rather than M&B shares, just making the point that some share schemes can have their obvious charms if you like the investee company's products)