Source - Alliance News

Gemfields Group Ltd - London-headquartered gemstones miner and marketer - Buys back 55.6 million shares at an average R 3.17 each, in transactions worth R 176.4 million on Wednesday. Says this repurchase represents 4.6% of the issued share capital of 1.21 billion as at November 30, 2022. Gemfields has 52.8 million shares held in treasury.

Current London stock price: 13.10 pence

12-month change: down 13%

Johannesburg stock price: R 3.20

12-month change: up 2%

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Gemfields Group Limited (GEM)

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