(Reuters) - South Africa's biggest retail bank Absa plans to place further preference shares at 894.19 rand per share and will issue up to 300 million rand of preference shares before the placement, the group said on Wednesday.
Absa said the placement was in line with its monthly ABSP preference share issue programme, and the new Absa Bank preference shares will have the same rank and privileges as preference shares already in issue.
Read more at Reuters Africa
Absa said the placement was in line with its monthly ABSP preference share issue programme, and the new Absa Bank preference shares will have the same rank and privileges as preference shares already in issue.
Read more at Reuters Africa
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