ARC Investments to buy back shares as it trims its portfolio of 47 companies

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

대한민국 뉴스 뉴스

ARC Investments to buy back shares as it trims its portfolio of 47 companies 🔒

African Rainbow Capital Investments , the empowered investment firm founded by Patrice Motsepe, plans to consolidate and trim its portfolio of 47 investments to about 30 over the next five years and use the proceeds to pay dividends to shareholders and buy back its own shares.

The JSE-listed investment firm, whose only asset is the ARC Fund, a vehicle with 47 investments spanning telecommunications, mining, agriculture, property, insurance, asset management and other sectors, rates the intrinsic value of that portfolio at R12.28bn. That is almost 62% larger than its R4.7bn market capitalisation, the value assigned to the listed entity by investors who hold its shares...

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Mandla Lamba’s companies are not registered: FSCAIt came as no surprise when the Financial Sector Conduct Authority released a warning about Mandla Lamba. mandlalamba FSCA Here is your friend Sentletse So you want us to believe taxi owners opened a case instead of dealing with him the taxi owner way........hayi suka My first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously. Fortunately I'm smiling today by getting involved with Hendrickspat7
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »