Fortress Real Estate has place 55,670,104 Fortress B shares representing c.4.5% of the company’s B ordinary share capital. The placement is by way of an accelerated bookbuild offering. The shares were placed at a price of R24.25 per B ordinary share representing a 1% discount to the 30-day VWAP of 29 June 2026. Proceeds will be used to advance the rollout of the SA and CEE logistics development pipeline and to capitalise on retail opportunities.
PKMI has announced that it intends to acquire up to 30 million MAS plc shares. Shareholders may offer all or part of their MAS shares. If the bid is fully accepted, PKMI’s shareholding in MAS will increase from 61.3% to 65.7%. Shareholders have until 3 July 2026 to offer their shares.
Pan African Resources will issue 102,641,421 new shares in the form of Pan African CDIs to Emmerson shareholders as settlement of the aggregate scheme consideration. The shares will be issued at £1.09 per share.
Suspended in July 2022, Sail Mining announced in December 2025 that it would make a conditional offer to repurchase, on a pro rata basis, all the company’s ordinary shares and would simultaneously terminate its listing on the AltX Board of the JSE. Shareholder approval is required – updates to follow in due course.
SAB Zenzele Kabili will pay shareholders a special dividend of 57 cents per share from income reserves. The dividend will be paid on 20 July 2026.
PBT will make a capital reduction distribution to shareholders of 18.5 cents from income reserves with a payment date of 20 July 2026.
The Capital Appreciation Empowerment Trust has disposed of 40 million Araxi shares in a block trade at R1.85 per share. The proceeds will be used to repay all its debt and leave the remaining assets, 35 million Araxi shares, unencumbered.
Sebata’s listing was suspended in October 2025 for failing to publish its audited financial results ended March 31, 2025, and interim results for the period ended 30 September 2025 within the prescribed period. The company has now published these results and expects the listing to be reinstated on the JSE on or before 31 July 2026.
The JSE has warned shareholders of Mantengu, Visual International, Brikor and Copper 360 that the companies have failed to submit their annual report within the four-month period as stipulated in the JSE Listing Requirements. The companies have until 31 July to submit their financials or face the possible suspension of their shares on the exchange.
This week the following companies announced the repurchase of shares:
Reinet Investments intends to purchase its ordinary shares at market value for
an aggregate maximum amount of €500 million subject to a maximum of 16.5 million ordinary shares over a period up to the 2027 Annual General Meeting of the Company. The implementation will be through several successive and separate programmes and shares will not be cancelled. The Rupert family has declared its intention not to sell any shares during the duration of this Programme. This week Reinet acquired 399,415 shares on the JSE for an aggregate R185,54 million.
Sun International repurchased a total of 5,1 million ordinary shares representing 2% of the issued share capital of the company for a total consideration of R256 million. The shares were acquired at an average price of R50.08 per share.
Hammerson has repurchased 747 ordinary shares from MUFG Corporate Markets at 5 pence per share. The shares will be used to meet obligations arising from its employee share option schemes.
Equites Property Fund has proposed a specific share repurchase of up to 168,596 ordinary shares which will be subject to shareholder approval. The shares will be repurchased from participants of the company’s conditional share plan and will provide participants with a straightforward method of disposing of shares to settle tax liabilities due on vested shares without having to sell them on the open market.
The JSE has repurchased 1,105,477 shares, representing 1.28% of the company’s issued share capital. The shares were acquired over the period 5 to 24 June 2026 for an aggregate R175 million.
Aimia continued with its repurchase programme during June 2026, repurchasing on the open market 165,400 shares at an average $2.79 per share for a total settlement of $461,373.
To reduce the share capital of the company and return capital to shareholders, Quilter commenced, in March 2026, a £100 million share buyback programme. Repurchases to date total £40 million of which £32 million were conducted on the LSE and £8 million were conducted on the JSE. The maximum aggregate purchase price payable by the Company under Tranche 2 is up to C.£30 million. During the period 22 to 26 June 2026, Quilter repurchased 5,431,489 shares on the LSE with an aggregate value of £10,24 million and 1,350,160 shares on the JSE with an aggregate value of R55,40 million.
In June, Greencoat Renewables announced its intention to commence a second tranche of the repurchase programme which will return a further €25m of capital to shareholders, following the completion of the first tranche which is expected during July. The second tranche repurchase will be complete by end-December 2026. This week 1,147,193 shares were repurchased for an aggregate €842,952.
Bytes Technology announced in May 2026 its intention to implement a new share repurchase programme to purchase the company’s shares for an aggregate value of up to £25,0 million. This week the company repurchased 473,637 shares at an average price per share of £3.67 for an aggregate £1,74 million.
In December 2025, British American Tobacco extended its share buyback programme by a further £1.3 billion for 2026. The shares will be cancelled. Over the period 22 to 26 June 2026, the company repurchased a further 597,155 shares at an average price of £45.75 per share for an aggregate £27,52 million.
Ninety One plc announced an increase in the repurchase programme from £30 million to £55 million to be completed by 21 July 2026. The shares, to be purchased on the open market, will be cancelled to reduce the Company’s ordinary share capital. This week the company repurchased a further 1,154,489 ordinary shares at an average price 211 pence for an aggregate £2,44 million.
Anheuser-Busch InBev’s US$6 billion share buy-back programme continues. The shares acquired will be kept as treasury shares to fulfil future share delivery commitments under the group’s stock ownership plans. During the period 22 to 26 June 2026, the group repurchased 519,711 shares for €37,74 million.
During the period 22 to 26 June 2026, Prosus repurchased a further 2,508,852 Prosus shares for an aggregate €94,78 million and Naspers, a further 911,265 Naspers shares for a total consideration of R742,03 million.
Three companies issued profit warnings this week: Bell Equipment, Goldrush and Hudaco Industries.
Five companies issued or withdrew a cautionary notice: Labat Africa, Brikor, Trustco, Mantengu and Combined Motor Holdings.
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