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Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

8,295.00ZAc
2:46pm GMT
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Wed, Dec 5 2018

UPDATE 1-South African insurer Sanlam's shares fall on weak earnings

* Sanlam says headline earnings down 10 pct in first 10 months

CORRECTED-South African insurer Sanlam sees 10 percent fall in headline earnings

JOHANNESBURG, Dec 5 South Africa's biggest insurer Sanlam saw its normalised headline earnings fall 10 percent for the 10 months to October, it said on Wednesday.

UPDATE 2-S.Africa's Sanlam to sell $583 mln stake to black investors, staff

* Share price up more than 3 percent (Adds analyst comment, shares, details)

S.Africa's Sanlam plans up to $588 mln stake sale to black investors, employees

JOHANNESBURG, Oct 31 South Africa's biggest insurer Sanlam Ltd plans to sell a 5 percent stake at a 10 percent discount to black investors and employees to meet affirmative action rules, it said on Wednesday.

South Africa's Sanlam posts 10 pct rise in H1 profit

JOHANNESBURG, Sept 6 Sanlam, South Africa's biggest insurer, posted a 10 percent rise in half-year profit on Thursday as a stronger showing at its offshore businesses offset weak performance at home.

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