Bradford & Bingley shares
Bradford and Bingley Building Society converted to a plc in December 2000. Qualifying participants were able to claim shares in the newly created company. As part of the demutualisation of Bradford & Bingley Building Society and pursuant to the terms of the Transfer Agreement, Bradford & Bingley plc sold all remaining unclaimed shares in March 2004.

Bradford & Bingley Share Price
With a panic in the stock market following the Northern Rock collapse, shares fell by over 15% to 279p. Subsequent falls and an £8 million loss in the first few months of 2008 led to further significant falls at the beginning of June with shares down to just 67p. Chancellor Alastair Darling has stressed that depositors money is safe and that restructuring and a rights issue will see the bank through any problems.

Should I sell my Bradford & Bingley Shares? Should I take up my rights issue otion to buy more Bradford and Bingley Shares?
No one can predict the future for BB shares. It may be that the sell-off is overdone on unrealistic fears of Bradford & Bingley being another Northern Rock. On the other hand many commentators feel that the outlook for the financial sector as awhole is a little gloomy.

Bradford & Bingley shares started off at 280p and reached between 440p and 480p until the recent problems in the banking sector. For those wishing to sell their B&B shares, there are plenty of online share dealing services available at reasonable prices.

Bradford & Bingley Shares

NOTE: This website is for information only and should not be relied on for making financial decisions. Get advice from your stockbroker or IFA.

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