REINET INVESTMENTS S.C.A. SHARE BUYBACK PROGRAMME – UPDATE 27 October 2026

What happened

Reinet Investments S.C.A. repurchased 494 417 ordinary shares on the Johannesburg Stock Exchange between 19 and 23 October 2026, at an average price of ZAR 447.38 per share, for a total of some ZAR 221.2 million (€11.9 million), plus transaction costs.

Confirmed

Global impact / market context

A buyback uses company cash to buy its own shares, which can raise the value of each remaining share. The ZAR 221.2 million spent is money not available for other uses, such as new investments, debt repayment, or dividends.

Analyst inference

This is the latest step in a programme announced on 13 August 2026. The company has now repurchased 5 487 915 ordinary shares for some ZAR 2 400.6 million (€128.8 million), plus costs, showing steady use of cash.

Analyst inference

What to watch

1. Reinet repurchased shares at an average of ZAR 447.38, with prices ranging from ZAR 441.52 to ZAR 451.57, showing the actual cost paid during that week. Confirmed
2. Watch whether the company continues buying shares at a similar weekly pace under the programme announced on 13 August 2026, which would keep reducing the number of shares in issue. Proposed
3. Track the total amount spent and cash remaining, because continued buybacks reduce money available for investments, debt repayment, or dividends, which may affect future returns for shareholders. Analyst inference

Evidence

• eqs-news.com