Investec (INVP)

Sector:

Banking

Index:

FTSE 250

598.00p
   
  • Change Today:
    -13.50p
  • 52 Week High: 623.00p
  • 52 Week Low: 486.40p
  • Currency: UK Pounds
  • Shares Issued: 696.08m
  • Volume: 122,328
  • Market Cap: £4,162.57m
  • RiskGrade: 206
  • Beta: 1.27

Investec to retain 10% stake in Ninety One

By Michele Maatouk

Date: Monday 21 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Wealth manager Investec has laid out its plans to distribute 15% of its shares in Ninety One to shareholders.
The company announced the move in November last year. It said on Monday that after distributing the 15% interest, it will retain a 10% stake in Ninety One.

Investec's UK shareholders will receive their distribution in Ninety One Plc, while Investec South African shareholders will get their distribution in Ninety One Ltd.

The number of Ninety One shares each Investec shareholder is entitled to receive is expected to be confirmed in a separate announcement on or around 18 March.

Ninety One - formerly Investec Asset Management - demerged from Investec in March 2020 and began trading on the London and Johannesburg stock exchanges.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Investec Market Data

Currency UK Pounds
Share Price 598.00p
Change Today -13.50p
% Change -2.21 %
52 Week High 623.00p
52 Week Low 486.40p
Volume 122,328
Shares Issued 696.08m
Market Cap £4,162.57m
Beta 1.27
RiskGrade 206

Investec Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.56% above the market average18.56% above the market average18.56% above the market average18.56% above the market average18.56% above the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Price Trend
70.96% above the market average70.96% above the market average70.96% above the market average70.96% above the market average70.96% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Income
75.91% above the market average75.91% above the market average75.91% above the market average75.91% above the market average75.91% above the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
7.45% above the market average7.45% above the market average7.45% above the market average7.45% above the market average7.45% above the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Investec Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Dec-24 22-Aug-24
Paid 31-Dec-24 06-Sep-24
Amount 16.50p 19.00p

Trades for 22-Nov-2024

Time Volume / Share Price
09:27 31 @ 598.00p
09:27 101 @ 598.00p
09:27 200 @ 598.50p
09:27 102 @ 598.50p
09:27 265 @ 598.50p

Investec Key Personnel

CEO Fani Titi
Chair Philip Hourquebie
Finance Director Nishlan Samujh

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