PSG has embarked on a share buyback programme of as much as 20% of its R13.6bn stock, the latest move by the investment heavyweight that could help tackle its undervaluation.

Founded in 1995, PSG has grown rapidly from a small venture capitalist-style investment firm into an investor darling with stakes in fast-growing companies such as private schools operator Curro Holdings, financial services group PSG Konsult and, until 2020, Capitec...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now