AEG - Aveng Group Limited

Apr 25, 2025 at 17:05 Twitter · Facebook

AEG share price on Johannesburg Stock Exchange

Aveng Limited is an international infrastructure and resources holding company operating in the construction, engineering, and mining industries. The Group’s key geographic markets are South Africa and sub-Saharan Africa, Australasia, and Southeast Asia, capitalizing on the expertise and experience within its core subsidiaries McConnell Dowell and Moolmans. McConnell Dowell is an engineering and construction contractor delivering projects in the infrastructure and resources sectors in Australia, New Zealand, Southeast Asia, and the Middle East. Moolmans is a South Africa-based open-cut mining contractor offering services across the mining value chain.

Aveng is set on a path to pursue its strategy around the Group’s aforementioned core businesses, which have returned to profitability, and where the Company sees further prospects and growth opportunities. Following a multi-year journey which began in 2017, Aveng is currently engaged in the restructuring of its balance sheet, deleveraging it by more than R1 billion, extending the Group’s maturity profile to three years, and at the same time improving the Company’s South African liquidity pool. As McConnell Dowell plays an increasingly important role in the Aveng Group’s future, a secondary listing on the Australian Securities Exchange is likely.

Aveng Group Limited is listed on the Johannesburg Stock Exchange (JSE). Aveng is traded on the JSE under the ticker symbol “AEG”. The International Securities Identification Number (ISIN) of JSE:AEG is ZAE000302618. Aveng Group Limited is currently the 250th most valuable stock on the JSE with a market capitalization of ZAR 819 million, which is about 0.0038% of the Johannesburg Stock Exchange equity market.

AEG Stock Market Performance

The current share price of Aveng Group Limited (AEG) is ZAR 6.44. AEG closed its last trading day (Friday, April 25, 2025) at 6.44 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.3% drop from its previous closing price of 6.80 ZAR. Aveng began the year with a share price of 12.60 ZAR but has since lost 48.9% off that price valuation, ranking it 406th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of AEG share price since March 26th, which is 28th best on JSE.

Aveng Group is the 180th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 25, 2025). AEG has traded a total volume of 9.36 million shares—in 6,096 deals—valued at ZAR 73 million over the period, with an average of 148,568 traded shares per session. A volume high of 954,548 was achieved on February 14th, and a low of 5,655 on April 17th, for the same period. The table below details the last 10 trading days of activity of Aveng on the Johannesburg Stock Exchange.

Profile of Aveng Limited

Aveng Limited was founded on November 22, 1944 and operates in the Industrials sector, specifically, the Construction & Materials industry. Aveng contracts an estimated total number of 9,982 employees.

AEG Industrial Market Competitors

Aveng Limited, issuers of the AEG stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or Construction & Materials industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange