racec group ltd (RAC:Johannesburg)
Transactions by RACEC GROUP LTD (RAC) in the last 6 months
The shareholders of Racec Group Ltd (JSE:RAC) authorized a share repurchase program at its Annual General Meeting on March 5, 2013. Under the program, the company will repurchase up to 20% of the issued share capital. The shares will not be repurchased at a price greater than 10% above the weighted average price of the market value of the shares as determined over the five business days immediately preceding the date on which the repurchase is made. The repurchases will ...
Douglas Edward Morris and Fontaine Vowles Bartleman, Directors of RACEC Group, acquired an additional 2.2% stake in RACEC Group Limited (JSE:RAC) for ZAR 2.5 million on February 11, 2013. Douglas Edward Morris acquired an additional 1.4 million and Fontaine Vowles Bartleman acquired an additional 2 million at ZAR 0.7348 per share. A clearance for the deal was obtained. Merchantec (Pty) Ltd. acted as a financial advisor to RACEC Group Limited.
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