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JOHANNESBURG/LONDON - Investec Limited has purchased 1.86 million Investec plc ordinary shares and repurchased 757,369 of its own ordinary shares as part of its share buyback program, according to a company press release issued Thursday.
Between August 20-26, 2025, Investec Limited acquired 970,991 Investec plc ordinary shares on the London Stock Exchange at prices ranging from £5.29 to £5.60 per share, with an average price of £5.47. The total cost of these purchases, including dealing and associated costs, amounted to £5.35 million.
Additionally, the company purchased 889,606 Investec plc ordinary shares on the Johannesburg Stock Exchange (JSE) at prices between R126.43 and R133.75, averaging R130.91 per share. These JSE purchases cost approximately R116.95 million.
Investec Limited also repurchased 757,369 of its own ordinary shares on the JSE at prices ranging from R127.33 to R134.64, with an average price of R131.89 per share. The total cost for these repurchases was R100.31 million. The company stated that these repurchased shares will be cancelled and reinstated as authorized but unissued shares.
The purchases were executed through Investec Markets Proprietary Limited as part of the share purchase and buyback program announced on August 20, 2025. Investec intends to treat the acquired Investec plc shares as treasury shares in the consolidated annual financial statements of the Investec Group.
Investec Limited is incorporated in South Africa and trades on the JSE under the code INL, while Investec plc is incorporated in England and Wales with listings on both the London Stock Exchange (INVP) and the JSE (INP).
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