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Old Mutual approves R1 billion buyback despite lower adjusted earnings

Old Mutual ($OMU) approved a R1 billion share buyback and increased its interim dividend by 8% to 40 South African cents per share. First-half results from operations rose 7% to R5.28 billion, while the corresponding per-share measure increased 11%. Life sales measured on an annual-premium-equivalent basis grew 21%, and the value of new business increased 32%. However, adjusted headline earnings fell 30% to R2.95 billion, mainly because shareholder investment returns weakened. Profit attributabl

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Old Mutual changes comparative segment reporting ahead of tomorrow's interim results

Old Mutual published restated comparative information on 7 September 2026, ahead of its half-year results scheduled for 8 September. What was restated The changes concern allocation between reportable segments under IFRS 8, covering the six months and full year ended in 2025. They provide a comparable basis for analysing the business in the forthcoming results. The company says the changes do not alter consolidated earnings per share, headline earnings per share, or the group's consolidated fina

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