FirstRand Bank schedules partial capital reduction, paying out R 2,083,333 on Oct. 1, 2026
Bitget2026/09/30 14:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- FirstRand Bank announced a partial capital reduction on its FRC551 listed debt securities via amortization.
- Nominal amount will fall to R 22,916,667 from R 25,000,000, implying a R 2,083,333 reduction.
- Cash settlement of R 2,083,333 is scheduled for Oct. 1, 2026; record date is Sept. 30, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstRand Bank Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604097), on September 30, 2026, and is solely responsible for the information contained therein.
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