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Investec

Posted: October 3rd, 2023, 11:35 am
by bruncher
Quite a few Lemons hold the Prefs from Investec, but does anyone hold the Ords? One unusual feature of the company appears to be the very high ownership of shares by the Company's own staff share scheme - 4.3% of stock according to the Investec website. The FT provides info about Director dealings which shows overwhelmingly directors disposing of shares, very few purchases are recorded.

Does anyone know whether the company creates new shares for the staff scheme, or buys shares in the market?