Supermarket Income REIT has successfully raised gross proceeds of £60 million which will be applied to fund an accretive transaction pipeline for an aggregate consideration of c.£65,2 million. The company will issue 73,170,732 new ordinary shares at an issue price of 82 pence per share. This includes 7,32 million shares issued in terms of the Retail Offer. The shares, in aggregate represent approximately 5.4% of the existing issued ordinary share capital of the company.

Visual International has entered into a non-binding term sheet with international investor Tongshang Feizhou International Trade, in terms of which the investor will provide Visual with funding of R55 million. This funding will comprise an R18 million equity subscription for 450 million shares, in two phases, at an issue price of 4 cents per share, and a R37 million secured development funding facility to fund Phase 1 of the Stellendale Retirement development.

Efora Energy has been placed under provisional liquidation this week following the termination of a potential transaction and a legal application brought forward by creditor Seodi Coal. A provisional liquidator is yet to be appointed.

African Dawn Capital, a niche financial services provider, suspended due to delayed financial reporting and late submission of annual financial statements, has advised that it is the company’s intention to publish its interim results for the six months ended 31 August 2025 by 23 December 2026.

Suspended Trustco expects all the outstanding audits to be completed during quarter four 2026.

This week the following companies announced the repurchase of shares:

Aspen Pharmacare repurchased 14,992,000 of its shares over the period 2 to 3 November 2026. The shares were repurchased at an average price per share of R162.01 for an aggregate R2,43 billion. The company will apply to the JSE to have the shares delisted and cancelled. The buyback was funded from available cash resources.

Over the period 14 to 29 October 2026, iOCO has repurchased 17,691,842 shares at an average repurchase price of R4.00. The total value of shares repurchased, excluding transaction costs, was R70,75 million.

On 5 August 2026, Glencore announced a new US$500 million buyback programme intended to run through to February 2027. This week the company repurchased 3,480,000 shares for an aggregate £18,71 million.

South32’s extended repurchase programme commenced in September 2026, with a proposed buyback end date of 10 September 2027. This week the company repurchased 1,767,200 shares for an aggregate A$7,68 million.

Reinet Investments commenced its 7th share repurchase programme, for up to an aggregate maximum amount of €250 million subject to a maximum of 8 million ordinary shares over a period ending on 15 December 2026. The shares will not be cancelled. During the period 26 to 30 October 2026, the company repurchased 435,624 shares for an aggregate R198,44 million.

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 third and final tranche of the programme commenced on September 8, 2026, with repurchased shares to be cancelled. During the period 26 to 30 October 2026, Quilter repurchased 23,846 shares on the LSE with an aggregate value of £44,308.

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 829,677 shares were repurchased for an aggregate €663,824.

During the period 26 to 30 October 2026, Prosus repurchased a further 2,364,509 Prosus shares for an aggregate €80,92 million and Naspers, a further 701,831 Naspers shares for a total consideration of R482,01 million.

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. Over the period 26 to October 2026, the company repurchased a further 476,962 ordinary shares on the LSE at an average price 201 pence per share for an aggregate £960,630 and 162,543 shares on the JSE at an average price per share of R44.63 for an aggregate R7,25 million.

British American Tobacco has again extended its share buyback to end on 23 December 2026. All shares repurchased will be cancelled. Over the period 26 to 30 October 2026, the company repurchased a further 596,824 shares at an average price of £45.21 per share for an aggregate £26,98 million.

Anheuser-Busch InBev’s US$6 billion share buy-back programme continues. As of 26 October 2026, the company has completed $2,6 billion of the $6 billion share buyback programme announced on 30 October 2025. 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 26 to 30 October 2026, the group repurchased 214,572 shares for €15,69 million.

One company issued a profit warning this week: Invicta.

Four companies announced, renewed or withdrew cautionary notices: Mantengu, Efora Energy, Visual International and Trustco.

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