Invicta Holdings completes general share repurchase program

Invicta Holdings Limited announced today that it has completed a general share repurchase program, buying back 3,117,193 ordinary shares on the open market between April 3 and April 10, 2025. The shares were repurchased at an average price of ZAR30.94, with the total value of shares repurchased amounting to ZAR96,434,960. The repurchased shares represent 3.39% of the company's shares in issue and will be held as treasury shares. Invicta indicated the repurchase was conducted in accordance with JSE Listings Requirements and was funded from existing cash reserves. Following the repurchase, Invicta still has the authority to repurchase an additional 11,329,650 shares. The company intends to apply to the JSE for the delisting and cancellation of the repurchased Shares, expected before March 31, 2026. The company stated that the repurchase would not have a material impact on the company's financial information.