Southern Sun repurchases shares for ZAR 419.96 million

Reuters2026/07/21 06:51

By:Reuters

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Southern Sun repurchased 42,043,207 shares under its AGM mandate, equal to 3% of issued share capital at Sept. 15, 2025.
Buybacks ran March 11–May 13, 2026 for 32,043,207 shares at an average R 9.92, value R 317.78 million.
A further 10,000,000 shares were bought July 8–17, 2026 at an average R 9.99, value R 99.93 million.
Total cash outflow, including costs, was R 419.96 million; 13,974,107 treasury shares remain pending delisting and cancellation around Aug. 4, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Sun Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524368), on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Southern Sun repurchases shares for ZAR 419.96 million

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