Kumba Iron Ore subsidiary buys back shares
Kumba Iron Ore Limited (JSE:KIO) announced today that its major subsidiary, Sishen Iron Ore Company Proprietary Limited, executed an on-market purchase of 2,318 of Kumba's ordinary shares. The transaction, which took place on March 10, 2025, was conducted to settle a share award made to a participant under the company's Bonus and Retention Share Plan (BRP), approved by shareholders in May 2024. The shares were bought at a price of R352.87 per share, resulting in a total transaction value of R817,952.66. The purchase represents a direct beneficial interest. Clearance for the transaction was obtained.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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