Old Mutual Ltd. (ODMUF) has released an update.
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Old Mutual Limited has executed significant on-market transactions involving over 11 million of its ordinary shares, valued at approximately R144 million, as part of its employee share incentive schemes. The purchases were made to support the Employee Share Ownership Plan and Long-term Incentive Plan awards, reflecting the company’s commitment to incentivizing its workforce. These trades underscore Old Mutual’s strategic financial maneuvers in maintaining robust employee engagement and alignment with shareholder interests.
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