Hyprop Investments has successfully raised R738,9 million in an accelerated bookbuild – up from the initial R500 million target announced. The company will issue 12,631,505 new shares, the maximum it is authorised to issue, at a price of R58.50 per share. The issue price represents a 1.4% premium to the 30-day VWAP of R57.71 per share on 7 July 2026. The proceeds will be used to fund new and organic growth opportunities both locally and offshore.
Novus has acquired an additional 440 Mustek shares at R14.90 per share on the open market (outside of the Mandatory Offer) for R6,556. The company now holds 29,02 million Mustek shares constituting 50.44% of the issued shares in Mustek. Together with concert parties this shareholding increases to c.70.73%.
In October 2025 Sebata’s trading on the JSE was suspended due to the failure to publish its audited financial results for the year ended 31 March 2025. The company has brought its financial reporting fully up to date with the publication of its interim results for the six months ended 30 September 2025. As a result, its suspension was lifted on 9 July 2026.
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 481,749 shares on the JSE for an aggregate R215 million.
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 29 June to 3 July 2026, Quilter repurchased 5,750,565 shares on the LSE with an aggregate value of £11,19 million and 1,715,374 shares on the JSE with an aggregate value of R72,84 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 948,720 shares were repurchased for an aggregate €722,652.
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 350,799 shares at an average price per share of £3.88 for an aggregate £1,35 million.
In December 2025, British American Tobacco extended its share buyback programme by a further £1.3 billion for 2026. All shares repurchased will be cancelled. Over the period 29 June to 3 July 2026, the company repurchased a further 477,743 shares at an average price of £46.53 per share for an aggregate £22,2 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 1,242,934 ordinary shares at an average price 211 pence for an aggregate £2,63 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 29 June to 3 July 2026, the group repurchased 521,7054 shares for €37,68 million.
During the period 29 June to 3 July 2026, Prosus repurchased a further 2,218,033 Prosus shares for an aggregate €84,23 million and Naspers, a further 898,420 Naspers shares for a total consideration of R737,68 million.
Four companies issued or withdrew a cautionary notice: Efora Energy, Dipula Properties, Mantengu and Trustco.
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