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Old Mutual CEO Acquires Significant Shareholding

Story Highlights
  • Old Mutual is a leading African financial services group with operations in 12 countries.
  • CEO Johann Strydom’s purchase of shares shows confidence in Old Mutual’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Old Mutual CEO Acquires Significant Shareholding

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Old Mutual ( (ODMUF) ) just unveiled an update.

Old Mutual Limited announced a significant transaction involving its CEO, Johann Jurie Strydom, who purchased 753,400 ordinary shares of the company on the market. This move, valued at approximately R9,998,430.00, reflects a direct beneficial interest and indicates confidence in the company’s future prospects, potentially impacting stakeholder perceptions positively.

More about Old Mutual

Old Mutual is a premium African financial services group providing a wide range of financial solutions to retail and corporate clients across 12 countries. Primarily operating in Africa, with a niche presence in China, Old Mutual has a rich heritage of over 180 years, playing a vital role in the communities and broader society it serves in sub-Saharan Africa.

See more insights into ODMUF stock on TipRanks’ Stock Analysis page.

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