African Stock Exchanges

IBRP1 - Investec Redeemable Preference Shares

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IBRP1 share price on Johannesburg Stock ExchangeIBRP1 share price on Johannesburg Stock Exchange

The Investec Redeemable Preference Shares (IBRP1) are cumulative preference shares issued by Investec Bank Limited on the JSE to provide investors with local dividend income with reference to the prime rate. The IBRP1 shares, which rank in priority to perpetual preference shares and ordinary equity of the issuer, is aimed at investors seeking attractive after tax income returns from a low risk investment.

The IBRP1 instrument accrues dividend income at a rate of 57% of prime, payable quarterly, with a maturity date of March 2021. This equates to a rate of 3.99% at the current prime rate. A comparable interest bearing investment would have to yield 5.80% for individuals and 5.54% for corporate investors in order to match the return offered by the IBRP1’s after tax, assuming the maximum tax rate of 45% and dividend withholding tax rate of 20%.

Investec Bank Limited is a specialist bank providing a diverse range of financial products and services to a niche client base in South Africa and Mauritius.

NOTE: Shares of Investec Redeemable Preference Shares have been delisted from the Johannesburg Stock Exchange (JSE) since close of trading on Tuesday, March 23, 2021. Investec Redeemable Preference Shares was traded on the JSE under the ticker symbol “IBRP1”. Investec Redeemable Preference Shares had a market capitalization of ZAR 344 million.

IBRP17.92 ▪ 0.00
3 years ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding341,717
Market Capitalization344M
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

IBRP1 Stock Market Performance


The current share price of Investec Redeemable Preference Shares (IBRP1) is ZAR 7.92. IBRP1 closed its last trading day (Tuesday, March 16, 2021) at 1,007.92 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% gain over its previous closing price of 1,007.17 ZAR.

Investec Redeemable Preference Shares is the 398th most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 10, 2020 - Mar 16, 2021). IBRP1 has traded a total volume of 14,487 shares—in 34 deals—valued at ZAR 14.6 million over the period, with an average of 75 traded shares per session. A volume high of 4,357 was achieved on February 9th for the same period. The table below details the last 10 trading days of activity of Investec Redeemable Preference Shares on the Johannesburg Stock Exchange.


Profile of Investec Bank Limited

Investec Bank Limited operates in the Financials sector, specifically, the Financial Services industry.

Factsheet of Investec Bank Limited

Financial Services
100 Grayston Drive, Sandown, Sandton, 2196, South Africa
+27-11-286-7000, +27-11-286-9546, +27-11-286-9616

IBRP1 Industrial Market Competitors

Investec Bank Limited, issuers of the IBRP1 stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Financial Services 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

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