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Ninety One Executes Share Acquisition for Employee Benefit Trust

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Ninety One ( (GB:N91) ) has issued an update.

Ninety One has announced an on-market acquisition of 239,508 ordinary shares through its Guernsey Employee Benefit Trust, with a total transaction value of £350,155. This move, compliant with JSE Listings Requirements, reflects the company’s ongoing efforts to manage its employee benefit schemes and could impact its market positioning by potentially enhancing employee incentives.

More about Ninety One

Ninety One is a dual-listed asset management company incorporated in both South Africa and the United Kingdom. It primarily focuses on providing investment solutions and managing financial assets, with its shares traded on the London and Johannesburg Stock Exchanges.

YTD Price Performance: 1.12%

Average Trading Volume: 674

Technical Sentiment Signal: Buy

Current Market Cap: $3.42B

Learn more about N91 stock on TipRanks’ Stock Analysis page.

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