Investec Limited Discloses Share Purchase and Repurchase Activities under Ongoing Share Buyback Program
Investec Limited has announced the results of its share purchase and repurchase activities as part of its ongoing share buyback program. The program, which commenced on August 20, 2025, has seen the company acquire and repurchase a significant number of shares on both the London Stock Exchange (LSE) and the Johannesburg Stock Exchange (JSE). The transactions reflect the company's strategic efforts to manage its share capital effectively and maintain shareholder value through disciplined financial management.
Key Takeaways:
- Investec Limited has acquired a total of 3,014,886 shares at a cumulative cost of GBP16.59 million since the start of the program.
- The company has purchased 860,871 ordinary shares of Investec PLC on the LSE at an average price of GBP5.5219 per share.
- On the JSE, Investec Limited has acquired 1,237,210 Investec PLC ordinary shares at an average price of R131.2998 per share.
- The company has also repurchased 546,340 of its own ordinary shares on the JSE at an average price of R131.5593 per share.
- The repurchased shares will be canceled and reinstated as authorized but unissued shares in the company's share capital.
- The total cost of repurchasing 1,933,645 of its own shares since the start of the program is R255.20 million.
- The company's share buyback program is part of its strategic efforts to optimize its capital structure and provide returns to its shareholders.
Statistics:
- Total shares acquired under the program: 3,014,886
- Total cost of acquiring shares: GBP16.59 million
- Average price paid per share on the LSE: GBP5.5219
- Average price paid per share on the JSE: R131.2998
- Total shares repurchased: 1,933,645
- Total cost of repurchasing shares: R255.20 million
- Average price paid per share for repurchased shares: R131.5593
- Total expenditure on both acquisitions and repurchases since August 20, 2025: R591.96 million
Sources:
- Botswana Stock Exchange (BSE)
- Investec Limited announcement made on September 11, 2025