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Old Mutual ( (ODMUF) ) has issued an announcement.
Old Mutual Limited announced significant dealings in securities on behalf of its employee share incentive schemes. The transactions involved on-market purchases of ordinary shares as part of hedging transactions related to the Employee Share Ownership Plan and Long-term Incentive Plan awards. These transactions, conducted by the Old Mutual Limited Broad-Based Black Economic Empowerment Employee Trust and the Old Mutual Limited Employee Trust, reflect the company’s commitment to employee ownership and long-term incentive strategies, potentially impacting its market positioning and stakeholder interests.
More about Old Mutual
Old Mutual is a premium African financial services group offering a wide range of financial solutions to retail and corporate customers across key market segments in 12 countries. Its primary operations are in Africa, with a niche business in China, and it has a heritage of over 180 years in sub-Saharan Africa.
See more insights into ODMUF stock on TipRanks’ Stock Analysis page.