Over the period 19 August to 1 September 2026, Novus has acquired an additional 415,813 shares in technology distributor Mustek at an average R15.15 per share on the open market (outside of the Mandatory Offer) for R6,3 million. The company now holds 33,13 million Mustek shares constituting 57.58% of the issued shares in Mustek. Alongside concert parties this shareholding increases to c.77.87%.
AVI and OUTsurance are to pay shareholders special dividends. AVI will distribute 300c per share thanks to healthy cash flows and lower debt while OUTsurance will pay 87.5 cents per share to its shareholders on 5 October 2026.
Following the fulfilment of all the scheme conditions, the listing of Balwin Properties on the JSE and A2X will terminate on 22 September 2026.
This week the following companies announced the repurchase of shares:
During the six months to end June 2026, Libstar utilised c.R62,2 million to repurchase 13,8 million Libstar shares at an average price of R4.50 per share.
Over the period 1 July to 9 September 2026, City Lodge bought back 3,603,994 shares at an average price of R4.29 per share and cancelled 3,587,678 shares which included 150,404 treasury shares.
In March 2026, Quilter commenced a £100 million share buyback programme, to reduce the share capital of the company and return capital to shareholders. The maximum aggregate purchase price payable by the company under Tranche 3 is up to C.£30 million with the purchase of a maximum 118,097,142 shares. The third and final tranche of the programme commenced on September 8, 2026, with repurchased shares to be cancelled.
South32’s extended repurchase programme commenced in September 2026. The company will in total acquire up to 4,49 billion shares with a proposed buyback end date of 10 September 2027. This week the company repurchased 681,405 shares for an aggregate A$3,57 million.
The Old Mutual Board has approved a share buyback of up to R1 billion subject to prevailing market conditions. The buyback will proceed while the share price reflects a level that is considered accretive to shareholder value.
In June 2026, Greencoat Renewables announced its intention to commence a second tranche of the repurchase programme to return a further €25 million of capital to shareholders. The second tranche repurchase will be complete by end-December 2026. This week 591,070 shares were repurchased for an aggregate €463,266.
Ninety One plc announced an increase in the repurchase programme from £30 million to £55 million. The shares, to be purchased on the open market, will be cancelled to reduce the Company’s ordinary share capital. During the period 1 to 4 September 2026, the company repurchased a further 219,807 ordinary shares at an average price 209 pence for an aggregate £460,072.
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 308,547 shares at an average price per share of £4.14 for an aggregate £1,28 million.
British American Tobacco has again extended its share buyback to end on 12 October 2026. All shares repurchased will be cancelled. Over the period 2 to 4 September 2026, the company repurchased a further 300,000 shares at an average price of £41.20 per share for an aggregate £12,36 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. Over the period 31 August to 4 September 2026, the group repurchased 889,223 shares for €60,93 million.
During the period 31 August to 4 September 2026, Prosus repurchased a further 1,709,990 Prosus shares for an aggregate €63,95 million and Naspers, a further 607,504 Naspers shares for a total consideration of R466,14 million.
Two companies announced, renewed or withdrew cautionary notices: Sebata and Mahube Infrastructure.
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