Bertina Engelbrecht's Clicks Group has lost $1.2 billion and the outlook is getting worse
Clicks Group has lost R19.7 billion in market value in five months after a brutal interim outlook rattled investors.
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Clicks Group has lost R19.7 billion in market value in five months after a brutal interim outlook rattled investors.
Royal Bank of Canada boosts its stake in Clicks Group to $257 million, signaling confidence in South Africa’s healthcare retail sector.
Clicks Group, led by Bertina Engelbrecht, to invest $54.5 million to expand stores, upgrade supply chains, and grow health and beauty segments.
JPMorgan lifts its Clicks Group stake to 6.54%, signaling confidence in the retailer’s resilience as Standard Bank trims holdings amid market shifts.
The banking giant sold $110 million worth of shares in Clicks Group, reducing its stake from 5.96% to 3.48%.
The financial giant acquired additional shares worth $31.48 million, increasing its stake by 0.56 percentage points to 5.96 percent.
Bertina Engelbrecht leads Clicks Group to record profits as South Africa's first Black woman retail CEO.
Royal Bank of Canada increases stake in Bertina Engelbrecht-led Clicks Group, solidifying position as major shareholder.
Engelbrecht, the accomplished South African business executive, became group CEO of Clicks Group in January 2022.