Zeder Investments, part of the PSG Group headed by Piet Mouton, rewarded shareholders with yet another special dividend on Wednesday, triggering its biggest share price jump in eight months.
The shares rose as much as 13% to R3.20, the highest level in four years, before pulling back to close 8.83% higher at R3.08 on the JSE, giving Zeder a market value of R4.7bn...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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