Weekly corporate finance activity by SA exchange-listed companies

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Weekly corporate finance activity by SA exchange-listed companies

Published Date: 2020-04-09 | Source: DealMakers | Author: Marylou Greig

Weekly corporate finance activity by SA exchange-listed companies

Naspers completes repurchase programme
The company has announced the completion of its repurchase programme announced in January. The company has repurchased 9,156,705 'N' shares at an average cost of R2,477.11 per share for a total cost of R22,4 billion. The shares repurchased represent c.2.06% of the issued Naspers 'N' shares prior to the repurchase.


Bowler Metcalf repurchases shares
The company has repurchased and delisted 1,788,651 shares representing 2.23% of the total issued share capital of the company prior to the repurchase. The repurchases were made during the period between October 17, 2019 and March 31, 2020.


One company issues profit warning announcement
The following company issued a profit warning this week: Woolworths.


Five companies either issued, renewed or withdrew cautionaries
The following companies advised shareholders: Famous Brands, Nutritional Holdings, Freedom Property Fund, Accentuate and Hulisani.


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