Investec Limited boosts shareholder value with ongoing buyback program
On September 10, 2025, Investec Limited purchased 163,676 Investec plc ordinary shares on the LSE at an average price of £5.8099, and an additional 108,844 Investec plc ordinary shares on the JSE at an average price of R137.3015. These shares will be treated as treasury shares in the Investec Group's consolidated financial statements. Since August 20, 2025, Investec Limited has acquired 3,178,562 Investec plc shares for £17,547,808 and 3,119,249 shares for R410,769,676.
Furthermore, Investec Limited repurchased 31,207 of its own ordinary shares on the JSE on September 10, 2025, at an average price of R136.7294. These repurchased shares will be cancelled and reinstated as authorised but unissued shares.
Since the program's commencement on August 20, 2025, Investec Limited has repurchased a total of 1,964,852 of its own shares, incurring a cost of R259,481,817. The program aligns with the company's efforts to manage its capital effectively and deliver value to shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when INVESTEC PLC publishes news
Free account required • Unsubscribe anytime