FirstRand Bank schedules partial capital reduction, paying out R 2,083,333 on Oct. 1, 2026
Bitget2026/09/30 14:06- 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.
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