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India

MMI Holdings Ltd (MMIJ.J)

MMIJ.J on Johannesburg Stock Exchange

1,633.00ZAc
5:21pm IST
Change (% chg)

8.00 (+0.49%)
Prev Close
1,625.00
Open
1,614.00
Day's High
1,660.00
Day's Low
1,600.00
Volume
1,187,932
Avg. Vol
2,770,778
52-wk High
2,424.00
52-wk Low
1,578.00

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Wed, Mar 7 2018

UPDATE 1-South African insurer MMI to buy back shares as earnings fall

JOHANNESBURG, March 7 South Africa's insurer MMI Holdings reported a 2.6 percent fall in half-year earnings on Wednesday and said it would start buying back some of its shares instead of paying dividends.

South African insurer MMI earnings fall 2.6 pct in H1

JOHANNESBURG, March 7 South Africa's insurer MMI Holdings said on Wednesday half-year earnings fell 2.6 percent, due to weaker persistency in Metropolitan Retail and lower profitability of life products at Momentum Retail.

BRIEF-MMI Holdings Says HY ‍Diluted Core Headline Earnings Down 3% Year-On-Year​

* HY ‍DILUTED CORE HEADLINE EARNINGS OF R1 556M (97 CENTS PER SHARE) IS DOWN 3% YEAR-ON-YEAR​

BRIEF-MMI Holdings Says ‍Mary Vilakazi Resigned As Deputy CEO, Effective March 31

* ‍MARY VILAKAZI HAS RESIGNED AS DEPUTY CHIEF EXECUTIVE OFFICER OF COMPANY, EFFECTIVE 31 MARCH 2018​

BRIEF-MMI Expects HY HEPS To Show Increase Of Between 20 And 30 Pct

* HY ‍HEADLINE EARNINGS PER SHARE IS EXPECTED TO SHOW AN INCREASE OF BETWEEN 20 AND 30 PERCENT​

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