Old Mutual ( (ODMUF) ) has shared an announcement.
Old Mutual Limited announced the sale of its ordinary shares through various employee incentive schemes to cover employee income tax liabilities related to share grants. The transactions, which occurred on April 22 and 23, 2025, involved significant volumes of shares traded on-market at prices ranging between R10.98 and R11.26. This move reflects Old Mutual’s ongoing commitment to managing its employee share ownership plans and long-term incentive plans, potentially impacting its financial operations and stakeholder interests.
More about Old Mutual
Old Mutual is a prominent African financial services group that provides a wide range of financial solutions to both retail and corporate clients across key market segments in 12 countries. The company primarily operates in Africa and maintains a niche presence in China. With a rich heritage of over 179 years in sub-Saharan Africa, Old Mutual plays a vital role in the communities it serves and the broader society on the continent.
YTD Price Performance: -3.65%
Average Trading Volume: 5,286
Technical Sentiment Signal: Buy
Current Market Cap: $2.87B
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