Investec Limited Announces Share Purchases and Buyback

Strategic Insights -

Investec Limited, a leading global financial services company, has announced the completion of a share purchase and buyback program. The program, commenced on August 20, 2025, saw the company purchase 860,871 of its own shares on the London Stock Exchange (LSE) and 1,237,210 shares on the Johannesburg Stock Exchange (JSE). The shares were purchased through Investec Markets Proprietary Limited at an average price of £5.5219 (LSE) and R131.2998 (JSE). Additionally, the company repurchased 546,340 of its own shares on the JSE at an average price of R131.5593.

Key Takeaways:

  • The company has purchased a total of 3,014,886 shares since August 20, 2025, at a cost of £16,590,860 (LSE) and R395,761,886 (JSE).
  • The average price paid per share for the LSE purchases was £5.5219, with the lowest price paid being £5.3200 and the highest price paid being £5.7550.
  • The average price paid per share for the JSE purchases was R131.2998, with the lowest price paid being R125.9600 and the highest price paid being R137.9100.
  • The repurchased shares will be cancelled and reinstated as authorized but unissued shares in the share capital of Investec Limited.
  • Investec Bank Limited acted as the company's financial advisor, corporate broker, and JSE sponsor.

Statistics:

  • Total number of shares purchased: 3,014,886
  • Total cost of LSE purchases: £16,590,860
  • Total cost of JSE purchases: R395,761,886
  • Average price per share (LSE): £5.5219
  • Average price per share (JSE): R131.2998
  • Number of shares repurchased: 546,340
  • Average price per share (repurchased): R131.5593
  • Date of commencement of the share purchase and buyback program: August 20, 2025

Sources:

  • Johannesburg Stock Exchange, "Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL...", August 20, 2025 (presumably)
  • Johannesburg Stock Exchange, "Investec Limited Announces Share Purchase and Buyback", September 11, 2025 (copy of announcement)
  • Investec Limited, "Share Purchase and Share Buyback Programme Commencement Announcement", August 20, 2025 (presumably)
  • Investec Bank Limited, "Financial Advisor, Corporate Broker and JSE Sponsor" (no date or publication date provided)