Truworths lifted by share buy-back launch
Fin24 - Jun 19th 2012, 08:51
Johannesburg - Shares in Truworths International [JSE:TRU] gained more than 1% as South Africaâ€™s biggest listed retailer launched a R250m share buy-back programme.
Truworths, which released the statement shortly after a market closed on Friday, is up 1.52% at R91.42.
The companyâ€™s programme started on Monday and will end on August 16.
Richemont falls most in two months
19/03/2013 - 13:37
Johannesburg - Cie. Financiere Richemont SA, the owner of the Cartier brand, fell the most in almost two months in Zurich trading after a shareholder sold about 7 million shares for 539 million Swiss francs ($569 million).
Truworths leads the plunge
13/03/2013 - 08:14
Johannesburg - Truworths International Ltd. led a decline in South Africaâ€™s consumer stocks, which fell the most in a month as spending contracted for the first time since 2009.
Ex-BlackBerry boss dumps shares
15/02/2013 - 07:49
Toronto - Shares of BlackBerry slipped on Thursday, after the company's former Co-Chief Executive Officer Jim Balsillie disclosed that he had sold his once-sizable stake in the embattled smartphone maker.
SA retailers lose steam
01/02/2013 - 08:19
Johannesburg - South African retailers, fund managers' must-haves in their portfolios for more than a year, are fast falling out of favour as debt-led consumer spending starts to unravel.
Richemont shares fall over 6%
22/01/2013 - 07:59
Johannesburg - Shares of Richemont [JSE:CFR] fell more than 6% after the luxury goods retailer reported disappointing third-quarter sales figures and said the near-term outlook for its Asia-Pacific business was unclear.