FBCH to revive share buy-back

FBCH to revive share buy-back
Published: 05 April 2018
FBC Holdings (FBCH) says it will reintroduce share buy-backs this year following an amendment to the Banking Act that lifted restrictions on the practice.

Speaking at an analysts briefing last week, group chief executive officer, John Mushayavanhu, said the financial services group would this year seek shareholder approval for a resolution allowing the buy-backs.

He said amendments to the law this year lifted the ban that had been imposed by the central bank.
- fingaz
Tags: FBC,


Latest News

Latest Published Reports

Latest jobs