Imperial Logistics buys back R91m of its own shares
Imperial has repurchased 1.27% of its issued shares since receiving permission from shareholders in 2019, and can buy a further 3.73%
25 September 2020 - 09:22
Imperial Logistics said on Friday it has bought back just more than 1% of its shares so far in September, worth R91m, and still has authority to buy back a further 3.73%.
Shareholders of the group, which has a market capitalisation of R7.1bn, gave permission for the group to buy back about 10-million of its shares in October 2019, then representing 5% of issued share capital...
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