Reinet Investments Announces New Share Buyback Programme

Reinet Investments S.C.A. has announced the launch of its 7th share buyback programme. With shareholder approval pending, this programme targets acquiring ordinary shares up to €250 million, capping at 8 million shares. The initiative is set to run from August 18 to December 15, 2026.

This buyback follows the company’s recent completion of its 6th programme, which saw the purchase of 2.5 million shares. Aimed at returning value to shareholders, the purchased shares could potentially serve acquisition purposes.

Execution will occur on the Johannesburg Stock Exchange through an intermediary, adhering to strict price limits and daily volume restrictions. Notably, the Rupert family will refrain from selling shares during the programme’s duration. Regular updates will be provided online.