If Bt has bought back 2million 5 thousand shares to day. How come it shows on trades as a sell?

BT Group plc Final Results


Key points for the fourth quarter:

· Our key revenue measure3 was flat - a significantly improved performance
· Underlying operating costs4 excluding transit down 2%, despite our investments
· EBITDA1 up 4% and earnings per share1 up 22%
· Fibre available to more than half of UK homes and businesses and roll out accelerating in rural areas
· Fibre customer base more than doubled, now at more than 1.5m
· BT Global Services order intake of £2.0bn

Key points for the year:

· Results in line with or better than expectations
· Underlying operating costs1 excluding transit down 6%
· EBITDA2 up 2%
· Normalised free cash flow3 of £2.3bn
· Net debt reduced by £1,285m
· Proposed final dividend of 6.5p, up 14%, giving a full year dividend of 9.5p, also up 14%

Bank of America Merrill Lynch Buy 275.65 275.70 275.00 325.00 Upgrades

Morgan Stanley Equal weight 0.00 285.00 285.00 Reiterates

Exane BNP Paribas Neutral 299.45 250.00 250.00 Reiterates

£3 touched.

Great results.

Wey hey I love these b*ggers :-)

BT Group Management Discusses Q4 2013 Results - Earnings Call Transcript

Thanks for that Skinny, these have had a cracking run and note that the F. Divi is in Aug. paying about 2% at todays SP. This new BT Sports response to Murdoch's Broadband threat and repercussions may be clearer by then so I will continue to monitor them.

Beaufort Securities Buy 305.80 - - Reiterates

Nomura Buy 305.80 360.00 375.00 Reiterates

JP Morgan Cazenove Overweight 305.80 280.00 280.00 Retains

Morgan Stanley Equal weight 305.80 285.00 310.00 Reiterates

Liberum Capital Buy 305.70 309.50 315.00 - Reiterates

Berenberg Buy 0.00 280.00 375.00 Retains

Are we there yet.

Nah . previous high was at least 700p. I'm waiting for a tenner :-)

Patience Dil, patience - and it was ten and a half quid. :-)

Tenner for me I'm not greedy :-)

Liberum Capital Buy 300.70 294.10 315.00 345.00 Reiterates

Credit Suisse Outperform 305.00 305.00 300.00 350.00 Reiterates

Credit Suisse Outperform 317.75 350.00 350.00 Reiterates

Berenberg Buy 317.75 375.00 375.00 Retains

Gavin Patterson to be appointed chief executive of BT Group

BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.

Ian has agreed to take up a role in government as Minister of State for Trade and Investment. He will continue as chief executive of BT until he steps down from his post and from BT's Board in September.

UK rural broadband roll-out criticised by auditors

The government's roll-out of "superfast" broadband to rural areas is about two years behind its original schedule, an official audit has found.

The report said only nine of 44 rural areas will reach targets for high-speed internet by 2015, and four areas could also miss a revised 2017 target.

The National Audit Office also raised concerns that BT will be the only firm likely to win contracts.

It said the company will benefit from £1.2bn of public funds as a result.

Just a bit more needed to break new 11 year highs. 350 by the end of the month is on the cards if the next update is bullish.

Getting closer @335.50p