๐๐ WeBuyCars drives into the JSE with a bang, surpassing all expectations and fueling investor excitement! #WeBuyCars #JSEDebut
WeBuyCars, the beloved secondhand vehicle trader, took the South African stock market by storm on its market debut. Excitement filled the air as shares opened at R20 per share, well above the initial public offering price of R18.75, signaling a robust start with a total market capitalization soaring high. WeBuyCars' listing on the Main Board of the Johannesburg Stock Exchange under the share code \
JOHANNESBURG, April 11 (Reuters) โ WeBuyCars made its market debut on Thursday, giving the South African secondhand vehicle trader a market capitalisation ...
Shares of the used-car firm opened at R20 per share, above the initial public offering price of R18.75 a share, which implied a total market capitalisation of ...
Transaction Capital's WeBuyCars opened for trading on the JSE on Thursday, among the first of 10 expected listings this year.
WeBuyCars listed on the Main Board of the Johannesburg Stock Exchange (JSE) on Thursday (11 April) under the share code โWBC.โ.
Shares of the JSE's latest entrant WeBuyCars jumped on its first day of trade on Thursday, valuing the used car retailer at R8.5 billion.
WeBuyCars, a South African used car company, lists on the Johannesburg Stock Exchange, opening R20 per share at a market capitalisation of R8.34 billion ...
WeBuyCars Thursday debuted on the main board of the Johannesburg Stock Exchange (JSE) under the โWBCโ share code, making ZAR7.8 billion ($414 million U.S.) ...
Shares eclipse the offering price to close at R20.40, pointing to investor confidence.
As part of its unbundling process from Transaction Capital, WeBuyCars listed separately, echoing a growing trend in the JSE's equity capital markets.