Old Mutual's old-school B-BBEE deal
There's a new B-BBEE transaction on the horizon. Old Mutual (JO:OMUJ) (LON:OMU) has announced a R2.8 billion deal that will see the company's Black shareholding increase by more than...
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Old Mutual News & Analysis
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BRIEF-Old Mutual Says Ernst & Young Recommended Joint External Auditor From FY Ending Dec. 31, 2022
May 4 (Reuters) - Old Mutual Ltd (LON:OMU) OMUJ.J :* OLD MUTUAL - AUDIT COMMITTEE RECOMMENDED, PROPOSED APPOINTMENT OF ERNST AND YOUNG INCORPORATED AS JOINT EXTERNAL AUDITOR FROM FY ENDING...
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BRIEF-Old Mutual Appoints Sizeka Magwentshu-Rensburg As Lead Independent Director
May 3 (Reuters) - Old Mutual Ltd (LON:OMU) OMUJ.J :* JSE: OMU - APPOINTMENT OF LEAD INDEPENDENT DIRECTOR* OLD MUTUAL - SIZEKA MAGWENTSHU-RENSBURG HAS BEEN ELECTED AS LEAD INDEPENDENT...
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UPDATE 2-S.Africa's Old Mutual restores dividend despite annual loss
* Declares dividend of 35 cents per share, down 53%* Swings to full-year basic loss* Shares fall 3%* Sets new strategy to deliver on promise of growing value(Adds details,...
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South African Markets - Factors to watch on March 23
JOHANNESBURG, March 23 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Tuesday.COMPANIESFY...
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BRIEF-Old Mutual FY Adj HEPS 54.3 Cents
March 23 (Reuters) - Old Mutual Ltd (LON:OMU) OMUJ.J :* JSE: OMU - ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020* OLD MUTUAL - BOARD OF DIRECTORS HAS APPROVED AND DECLARED A FINAL...
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S.Africa's Old Mutual restores dividend despite full-year loss
JOHANNESBURG, March 23 (Reuters) - South Africa's Old Mutual (LON:OMU) OMUJ.J declared a dividend of 35 cents per share on Tuesday, but kept it 53% lower than a year earlier after...
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UPDATE 1-South Africa's rand extends recovery, stocks slide
(Adds latest prices, analyst comments)JOHANNESBURG, March 10 (Reuters) - South Africa's rand firmed on Wednesday, extending gains from the previous session as appetite for higher yielding...
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UPDATE 2-South Africa's Old Mutual warns of full-year loss on COVID-19 provisions hike
* Hikes provisions, reserves related to COVID-19* HEPS to remain positive but plummet* Shares fall almost 3% (Adds shares, context)By Emma RumneyJOHANNESBURG, March 8 (Reuters) - South...
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Old Mutual sees profit drop as it raises provision by $260.50 mln
March 8 (Reuters) - South Africa's Old Mutual (LON:OMU) OMUJ.J forecast a plunge of between 69% and 79% in its 2020 adjusted earnings on Monday, as the insurer raised its short-term...
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BRIEF-Old Mutual Sees FY AHEPS Between 64.9 - 44.0 Cents
March 8 (Reuters) - Old Mutual Ltd (LON:OMU) OMUJ.J :* OLD MUTUAL - REMAINS WELL CAPITALISED DESPITE SOME MATERIAL ONE OFF NEGATIVE ITEMS IMPACTING OUR 2020 EARNINGS* OLD MUTUAL - IN SOUTH...
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South African Markets - Factors to watch on March 8
The following scheduled company announcements, equity and currency market moves may affect South African markets on Monday. COMPANIES - Retailer {{erl-41396||Massmart MSMJ.J, majority-owned...
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UPDATE 1-S.African insurer Old Mutual sees annual profit to slump over 20%
(Adds business interruption details) JOHANNESBURG, Jan 25 (Reuters) - South Africa's third-biggest insurer Old Mutual Ltd (LON:OMU) OMUJ.J said on Monday its headline earnings per share...
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S.African insurer Old Mutual expects full-year profit to fall more than 20%
JOHANNESBURG, Jan 25 (Reuters) - South Africa's third-biggest insurer Old Mutual Ltd (LON:OMU) OMUJ.J said its headline earnings per share (HEPS) for the year ended Dec. 31 will be down...
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BRIEF-Old Mutual Sees FY HEPS Down More Than 20%
Jan 25 (Reuters) - Old Mutual Ltd (LON:OMU) OMUJ.J :* OLD MUTUAL - OPERATING CONDITIONS ACROSS OUR BUSINESS HAVE REMAINED CHALLENGING DURING SECOND HALF OF 2020.* OLD MUTUAL - GROSS FLOWS...
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