Richemont up on share buyback

The reception area of the Johannesburg Stock Exchange. File picture: Leon Nicholas

The reception area of the Johannesburg Stock Exchange. File picture: Leon Nicholas

Published May 15, 2014

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Johannesburg - Johannesburg-listed shares of Richemont rise nearly 3 percent after the Swiss luxury goods maker posts higher full-year profit and launches a three-year share buyback programme.

Richemont, which also trades in Zurich, is up 2.8 percent to 104.21 rand. - Reuters

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