Old Mutual Ltd. ( (ODMUF) ) has shared an announcement.
Old Mutual Limited announced the purchase of its ordinary shares by various employee incentive schemes as part of a hedging transaction related to its Employee Share Ownership Plan and Long-term Incentive Plan awards. This move, involving significant transactions on March 20, 24, and 25, 2025, reflects the company’s commitment to aligning employee interests with its financial performance, potentially enhancing employee engagement and retention. The transactions, which were conducted on-market, underline Old Mutual’s strategic focus on empowering employees and maintaining a robust equity structure.
More about Old Mutual Ltd.
Old Mutual is a premium African financial services group offering a wide range of financial solutions to both retail and corporate customers across 12 countries, primarily in Africa with a niche presence in China. With over 179 years of heritage in sub-Saharan Africa, Old Mutual plays a significant role in the communities it serves and the broader society on the continent.
YTD Price Performance: -1.06%
Average Trading Volume: 5,286
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.09B
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