INL Share Incentive Scheme Award Neutral
INVESTEC LIMITED - The Investec Limited Share Incentive Plan 2021: Dealings in Securities
Investec Group
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What this filing means
Investec announced routine on-market share purchases totaling approximately R59.4 million to satisfy ongoing obligations for its 2021 Share Incentive Plan.
Bull case
- Investec acquired 450,000 ordinary shares on the open market to fulfill obligations under its 2021 Share Incentive Plan.
- The purchases were executed over three consecutive trading days at an aggregate value of approximately R59.4 million.
Bear case
- The shares were acquired at execution prices between R130.95 and R133.31, which are slightly higher than the current market price of R129.06.
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