MTN to Buy Back $375 Million of Shares as It Reaffirms Guidance
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
MTN Group Ltd. said it will buy back 6 billion rand ($375 million) of shares and reaffirmed its guidance on revenue growth and capital metrics for the next three to five years. This announcement comes despite a decline in earnings primarily due to writedowns at its Iranian joint venture.
MTN
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“MTN Group Ltd. said it will buy back 6 billion rand ($375 million) of shares and reaffirmed its guidance on revenue growth and capital metrics for the next three to five years”
Bloomberg — MTN to Buy Back $375 Million of Shares as It Reaffirms Guidance