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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