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Ninety One’s Strategic Share Acquisition by Employee Trust

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Ninety One’s Strategic Share Acquisition by Employee Trust

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Ninety One ( (GB:N91) ) just unveiled an update.

Ninety One has announced a transaction involving the on-market acquisition of 98,725 ordinary shares by its Guernsey Employee Benefit Trust. This transaction, valued at £148,517, reflects the company’s ongoing efforts to manage its securities and optimize its employee benefit trusts, potentially impacting its market positioning and stakeholder interests.

More about Ninety One

Ninety One is a financial services provider, incorporated in both South Africa and the UK, with a focus on investment management. It operates as a dual-listed company on the London and Johannesburg Stock Exchanges, offering a range of investment products and services.

YTD Price Performance: 11.27%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.27B

For detailed information about N91 stock, go to TipRanks’ Stock Analysis page.

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