Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Zeder Investments' net asset value per share falls after returning nearly R1bn to shareholders
Cape Times
|April 25, 2025
ZEDER Investments, the JSE-listed company with agribusiness investments, said Thursday that net asset value per share (NAVPS( fell by 28.6% for the year to February 28 due to special dividends paid and the lower valuation of an associate investment in Turkey.
Zeder's NAVPS was R1.77 at the year end, or 71 cents per share lower, when compared to NAVPS of R2.48 at February 28, 2024. The share price fell by 1.4% to R1.44 on Thursday afternoon after experiencing much volatility this year in line with the general stock market, CEO Johann le Roux said in a presentation.
The company paid out an aggregate of 61 cents per share in special dividends during the past year, much higher than the 15 cents a share paid out in 2023.
Le Roux said their strategy remained to create maximum wealth for shareholders, and last year R939 million was returned to shareholders.
Dit verhaal komt uit de April 25, 2025-editie van Cape Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Cape Times
Cape Times
G20 Summit exposes stark divide: Europe backs Ukraine, Global South demands Gaza unity
THE divisions among G20 leaders over global conflicts shows that European leaders increasingly treat the war in Ukraine as the defining strategic crisis of the era, overshadowing even the turmoil in Gaza.
2 mins
November 25, 2025
Cape Times
Cupido transforms Stellies’ campaign as focus shifts back to league revival
STELLENBOSCH FC made a promising start to their CAF Confederation Cup Group C campaign with a crucial 1-0 victory over Congolese rivals AS Otoho at the New Peter Mokaba Stadium in Polokwane on Sunday.
2 mins
November 25, 2025
Cape Times
Back-to-back unbeaten tours on the line for Springboks in Cardiff
THE Springboks have set their sights on making it five wins from five on their November tour, with Wales their final hurdle of 2025.
2 mins
November 25, 2025
Cape Times
Blitzboks seek perfect Dubai launch to fuel Cape Town title defence
THE Springbok Sevens have set their sights on going back-to-back in Cape Town this December, as they look to defend their title.
2 mins
November 25, 2025
Cape Times
Higher hake catches and strong Lucky Star sales drives Oceana Group's profit growth
THE Oceana Group’s operating profit increased by a striking 58% for the year to September 30 after the performance benefited from a strong turnaround in the Wild Caught Seafood segment and steady Lucky Star Foods results.
2 mins
November 25, 2025
Cape Times
Hezbollah chief killed in Beirut
ISRAEL killed Hezbollah’s military chief in a strike on Beirut at the weekend, the Israeli military and the militant group said, hitting an apartment building and killing five people according to Lebanese authorities.
3 mins
November 25, 2025
Cape Times
Blues warned as Lopez grows into key Catalan threat
BARCELONAS financial struggles are no secret and the Catalans have had to lean heavily on their youth academy to provide first-team calibre players over the past few years.
2 mins
November 25, 2025
Cape Times
Climate change and inequality are connected
AN INCREASINGLY strong case is being made to bring inequal- ity into discussions about climate change.
3 mins
November 25, 2025
Cape Times
Marco Jansen bounces in as series-defining force in India
“I JUST want to be like you!”
2 mins
November 25, 2025
Cape Times
What City of Cape Town's informal settlements initiative omits
HOUSING lobby group Ndifuna Ukwazi says upgrading informal settlements is urgent and long overdue, but it cannot be the final goal as a humane standard of living requires integration and access to economic opportunities.
2 mins
November 25, 2025
Listen
Translate
Change font size