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Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

7,659.00ZAc
9:04am GMT
Change (% chg)

-118.00 (-1.52%)
Prev Close
7,777.00
Open
7,701.00
Day's High
7,759.00
Day's Low
7,557.00
Volume
1,148,462
Avg. Vol
5,135,938
52-wk High
9,849.00
52-wk Low
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Wed, Oct 31 2018

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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