Quilter announces additional share buyback of up to £50m
Quilter listed on the JSE and the LSE in June 2018, and is using the proceeds of its sale of Quilter Life Assurance in December 2019 to return capital to shareholders
13 October 2020 - 10:58
London-based Quilter, Old Mutual’s former wealth management business, has announced a further £50m (R1bn) in share repurchases as it continues to return capital to shareholders following the sale of Quilter Life Assurance.
Quilter announced an up to £375m share buyback programme in January, and has already repurchased £125m — £65m on the London Stock Exchange (LSE) and £60m on the JSE...
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