Ninety One’s Employee Benefit Trust Acquires Shares

The latest update is out from Ninety One ( (GB:N91) ).

Ninety One has announced a transaction involving the acquisition of 140,475 ordinary shares by its South Africa Employee Benefit Trust. The shares were purchased on the Johannesburg Stock Exchange for a total consideration of R4,867,459. This move is part of the company’s compliance with the JSE Listings Requirements and reflects its ongoing efforts to manage employee benefit schemes effectively.

More about Ninety One

Ninety One is a dual-listed company incorporated in South Africa and the United Kingdom. It operates in the financial services industry, focusing on investment management and offering a range of financial products and services. The company is listed on both the Johannesburg Stock Exchange and the London Stock Exchange, highlighting its significant market presence in these regions.

YTD Price Performance: 1.12%

Average Trading Volume: 674

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.33B

For an in-depth examination of N91 stock, go to TipRanks’ Stock Analysis page.