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JOHANNESBURG - Investec Limited (JSE:INL) has continued its share purchase and buyback program with the acquisition of 2,098,081 Investec plc ordinary shares and 546,340 Investec Limited ordinary shares between September 3-9, 2025, according to a company press release.
The dual-listed financial services group purchased 860,871 Investec plc shares on the London Stock Exchange at prices ranging from £5.32 to £5.76 per share, with an average price of £5.52. On the Johannesburg Stock Exchange, the company acquired 1,237,210 Investec plc shares at prices between R125.96 and R137.91, averaging R131.30 per share.
Additionally, Investec repurchased 546,340 of its own ordinary shares on the JSE, with prices ranging from R126.64 to R139.87 and an average price of R131.56 per share.
The company stated it will treat the purchased Investec plc shares as treasury shares in its consolidated financial statements, while the repurchased Investec Limited shares will be cancelled and reinstated as authorized but unissued shares.
Since the program’s commencement on August 20, 2025, Investec Limited has purchased a total of 6,025,291 Investec plc shares across both exchanges at a combined cost of approximately £16.59 million and R395.76 million. It has also repurchased 1,933,645 of its own shares for approximately R255.20 million.
The share repurchase program is being executed through Investec Markets Proprietary Limited, with Investec Bank Limited serving as the financial advisor, corporate broker, and JSE sponsor.
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