Old Mutual Invests in Employee Share Incentive Schemes

Old Mutual Ltd. (ODMUF) has released an update.

Old Mutual Limited has conducted significant on-market transactions to purchase ordinary shares as part of its Employee Share Ownership Plan and Long-term Incentive Plan awards. The transactions, executed by the company’s Employee Trusts, involved over 7 million shares at prices ranging around R12.75 to R12.78 per share, totaling substantial investments. These moves are indicative of Old Mutual’s commitment to bolster employee engagement and align interests with its workforce.

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