Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Old Mutual Ltd. ( (ODMUF) ) has issued an announcement.
Old Mutual Limited has successfully concluded its Share Repurchase Programme as announced in November 2024, repurchasing, cancelling, and delisting 78,009,025 shares by January 27, 2025. This repurchase adhered to the 5% of issued share capital limit and R1 billion value approved by shareholders, potentially impacting its market positioning and shareholder value by reducing share capital.
More about Old Mutual Ltd.
Old Mutual is a premium African financial services group that provides a wide range of financial solutions to both retail and corporate customers across 12 countries, primarily operating in Africa with a niche presence in China. With a history spanning over 179 years in sub-Saharan Africa, it plays a vital role in the communities and society it serves on the continent.
YTD Price Performance: -4.83%
Average Trading Volume: 6,481
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.94B
See more insights into ODMUF stock on TipRanks’ Stock Analysis page.
