FilingReader Intelligence
Datatec completes R228m share buyback programme
August 5, 2025 at 06:31 AM UTC•By FilingReader AI
Datatec Limited repurchased 4.1 million ordinary shares representing 1.77% of its issued share capital for R228 million between November 2024 and July 2025.
The shares were bought at prices ranging from R43.07 to R67.32 through the JSE order book. The shares will be cancelled on August 6, reducing the company's issued shares from 239.5 million to 235.4 million.
The repurchase was funded from available cash, reducing the group's cash balances by R224 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
JSE:DTC•Johannesburg Stock Exchange
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