Investec Group (IVTJF)
| Previous Close | 5.57 |
| Open | 5.45 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 5.57 - 5.57 |
| 52 Week Range | 4.25 - 6.70 |
| Volume | |
| Avg. Volume | 2,541 |
| Market Cap | 3.877B |
| Beta (5Y Monthly) | 1.13 |
| PE Ratio (TTM) | 9.13 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.32 (5.76%) |
| Ex-Dividend Date | Jul 21, 2022 |
| 1y Target Est | N/A |
- Bloomberg
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- Reuters
Investec to distribute 15% NinetyOne stake to shareholders
JOHANNESBURG (Reuters) -South Africa's Investec said on Thursday it would distribute a 15% stake in asset manager NinetyOne to shareholders, as it also reported a more than two-fold rise in half-year profit. The financial services group spun off its asset management business and listed it as NinetyOne in London in 2020, but abandoned a plan to sell a 10% stake in the company as the COVID-19 pandemic roiled stock markets. It holds a 25% stake in the company.
