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Old Mutual Ltd - Anglo-South African financial services firm - Completes its share buyback designed with to unlock long-term incremental value for shareholders. As at October 16, the company repurchased 122.9 million shares to the tune of R 1.5 billion. These shares amount to 3.5% of the total shares in issue. Shares in issue are 4.8 billion. The share repurchase programme was launched in May. Current stock price in London: 51.30 pence, up 0.2% on Thursday 12-month change: down 17% Current stock price in Johannesburg: R 11.83, down 0.9% 12-month change: up 16% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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