Karooooo will buy back up to 10% of its shares after a meeting of its shareholders gave management authority to do so, the company said on Monday. 

It joins the likes of Naspers and Trustco that instituted similar actions recently. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.