Life Healthcare (LHC) has declared a special cash dividend of 235 cents per ordinary share, payable from income reserves derived from the net proceeds received following the disposal of its interest in in Life Molecular Imaging. In January 2025, LHC announced the disposal to Lantheus Holdings in a deal valued at $750 million (R13,8 billion).

In terms of Sirius Real Estate’s dividend reinvestment plan (DRIP), shareholders on the UK share register holding 1,38% of the company’s issued share capital opted to receive shares in terms of the DRIP, resulting in the purchase of 540,336 shares in the market at an average price of £0.99 per share. Shareholders on the South African register holding 7.81% of the company’s issued share capital took up the DRIP option resulting in the purchase of 2,944,999 shares in the market at an average price of R24.85. The purchased shares represent a cash equivalent of €4,3 million.

Novus has acquired on the open market 22,355 Mustek shares at a price per share of R13.00. The shares were acquired outside of the Mandatory Offer for an aggregate value of R290,6 million.

In line with Glencore’s policy to maintain the number of treasury shares below 10% of the total issued share capital of the company, 50 million treasury shares have been cancelled. Following this, the total number of treasury shares held represents 9.57% of the company’s total issued share capital.

PK Investments has received SARB approval for consideration instruments to be listed on the CTSE. Following this approval, the listed consideration instruments will be issued to MAS plc shareholders electing to receive these instruments in respect of all or some (cash alternative) of their MAS shares.

This week the following companies announced the repurchase of shares:

Over the period 5 August 2024 to 5 August 2025, PBT Group repurchased 4,120,447 ordinary shares for an aggregate R23,37 million. The shares were acquired at an average price of R5.67 per share and will be cancelled and delisted. The company may repurchase a further 6,26 million shares representing 6.03% of the ordinary shares in issue.

iOCO will embark on a share repurchase programme to repurchase up to a maximum of 1,8 million of its ordinary shares. The programme commenced on 1 August and will be for a maximum of six months.

During the period 28 November 2024 to 31 July 2025, Datatec repurchased 4,147,205 shares on the open market for an aggregate R227,6 million. The shares were delisted on 6 August 2025.

Glencore plc’s current share buy-back programme plans to acquire shares of an aggregate value of up to US$1 billion. The shares will be repurchased on the LSE, BATS, Chi-X and Aquis exchanges and is expected to be completed in February 2026. This week 6,6 million shares were repurchased at an average price of £2.98 per share for an aggregate £19,47 million.

In May 2025 Tharisa plc announced it would undertake a repurchase programme of up to US$5 million. Shares have been trading at a significant discount, having been negatively impacted by the global commodity pricing environment, geo-political events and market volatility. Over the period 28 July to 1 August 2025, the company repurchased 17,743 shares at an average price of R21.44 on the JSE and 253,538 shares at 91.29 pence per share on the LSE.

In May 2025, British American Tobacco plc extended its share buyback programme by a further £200 million, taking the total amount to be repurchased by 31 December 2025 to £1,1 billion. The extended programme is being funded using the net proceeds of the block trade of shares in ITC to institutional investors. This week the company repurchased a further 578,159 shares at an average price of £41.41 per share for an aggregate £23,93 million.

During the period 28 July to 1 August 2025, Prosus repurchased a further 2,189,791 Prosus shares for an aggregate €110,08 million and Naspers, a further 139,626 Naspers shares for a total consideration of R792,8 million.

One company issued a profit warning this week: Metair Investments.

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