started · updated
Capitec reports share transactions worth 34.52 million Rand
Capitec Bank has reported share transactions totaling 34.52 million Rand involving an executive and an affiliated company. The transactions, reported on October 22, 2026, involve executive Karl Kumbier and Jamani Capital.
Kumbier exercised options for 4,565 shares on October 20, 2026, resulting in 1,938 ordinary shares. Between October 20 and October 22, a total of 7,817 securities were included in the reported transactions at a fixed price of 4,416.17 Rand per share. The stated purpose for these transfers is estate planning.
These reports coincide with Capitec’s half-year financial results for the period ending August 31, 2026. The bank reported a 19 percent increase in adjusted earnings per share to 8,262 cents and an operating profit before tax increase of 21 percent to 12.632 billion Rand. Net profit rose to 9.528 billion Rand from 7.996 billion Rand in the previous year. However, credit impairment charges increased by 21 percent to 5.749 billion Rand.
Regarding dividends, the interim dividend is set at 3,110 cents per share. The record date is October 23, 2026, with payment scheduled for October 26, 2026.