Absa employee trust buys shares for future incentive plan settlements
Absa Group Limited announced that its Employee Incentive Trust conducted multiple on-market purchases of ordinary shares between September 16 and September 19, 2025. These transactions are to settle obligations under the Share Incentive Plan (SIP) rules, with shares designated for delivery to participants in the remainder of 2025 and 2026.
Across the four trading days, the Trust acquired a total of 1,899,900 ordinary shares. The value-weighted average prices ranged from R183.66 to R185.45. The highest price paid per share was R185.72 on September 18, 2025, while the lowest was R182.24 on September 16, 2025.
The total value of shares traded over this period amounted to R350,347,221.87. The transactions included R118,578,377.11 on September 16, R117,026,836.19 on September 17, R94,121,105.89 on September 18, and R20,620,902.68 on September 19.
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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