Santam leaps R3bn as special dividend cheers investors
03 March 2022 - 10:00
UPDATED 03 March 2022 - 19:19
Santam added nearly R3bn to its market value on Thursday after SA’s largest short-term insurer declared a special dividend, which triggered the biggest one-day jump in its share price in six years.
Its shares rose as much as 13.8% before easing back to trade 8% higher at R300 by the JSE’s close, giving a market capitalisation of R33.1bn. ..
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