The latest announcement is out from Old Mutual Ltd. ( (ODMUF) ).
Old Mutual Limited has announced the sale of ordinary shares by its employee incentive schemes to cover employee income tax liabilities related to the vesting of share grants. This transaction, which took place on April 17, 2025, involved the sale of a significant number of shares, reflecting the company’s ongoing commitment to its Employee Share Ownership Plan and Long-Term Incentive Plan. The move is indicative of Old Mutual’s strategic efforts to manage its employee compensation schemes efficiently, potentially impacting its financial operations and market positioning.
More about Old Mutual Ltd.
Old Mutual is a leading African financial services group providing a wide range of financial solutions to both retail and corporate clients across 12 countries, primarily in Africa, with a niche presence in China. With a history spanning over 179 years, Old Mutual plays a significant role in the communities it serves throughout sub-Saharan Africa.
YTD Price Performance: -7.78%
Average Trading Volume: 5,286
Technical Sentiment Signal: Buy
Current Market Cap: $2.74B
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