net 1 ueps technologies inc
(NT1:Johannesburg Stock Exchange)
Transactions by NET 1 UEPS TECHNOLOGIES INC (NT1) in the last 6 months
Net 1 Ueps Technologies Inc. (NasdaqGS:UEPS) announced that it has signed a letter of intent for the private placement of 4,400,000 shares at ZAR 88.50 per share for gross proceeds of ZAR 389,400,000 on November 6, 2013. The transaction will include participation from a special purpose entity managed by BEE consortium. The transaction is subject to a relationship agreement to be signed before December 1, 2013.
The Board of Directors of Net 1 Ueps Technologies Inc. (NasdaqGS:UEPS) authorized a share repurchase program on August 21, 2013. Under the plan, the company will repurchase up to $100 million worth of its shares. Repurchases will be made from time to time. The authorization has no expiration date.
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