Reinet Investments (JSE: RNI) has lifted its closed period and restarted on-market share repurchases. An initial tranche of up to €75 million (capped at 2.5 million shares) will run between 22 June and 19 August 2026, executed on the JSE under existing shareholder authority.
The board has also cleared a larger programme of up to €500 million in total (maximum 16.5 million shares) through to the 2027 AGM. The move signals ongoing capital return and may support trading liquidity and the share price, a point of interest for South African investors who access Reinet via the JSE.
Reinet, a Luxembourg-based investment vehicle with a JSE listing, has historically traded at a discount to its net asset value; buybacks are often used to address that gap. For more detail, see the full announcement.