Lesaka to acquire prepaid electricity submetering and payments business Recharger, expanding alternative payments offering [Yahoo! Finance]
Lesaka Technologies, Inc. (LSAK)
Company Research
Source: Yahoo! Finance
it has signed a definitive agreement to acquire 100% of the issued and outstanding ordinary shares of Recharger (Pty) Ltd (“Recharger”), a South African prepaid electricity submetering and payments business. The purchase consideration of ZAR 507 million ($28 million translated at the average exchange rate of $1: ZAR 18.06 as of November 18, 2024) will be paid over two tranches with the first tranche settled at closing and the second tranche a year later. The purchase consideration will be settled through a combination of ZAR 332 million ($18 million) in cash and ZAR 175 million ($10 million) in shares of Lesaka common stock. The share price applied to determine the number of shares of Lesaka's common stock to be issued for the equity consideration will be based on the volume-weighted average price of Lesaka shares for the three-month period prior to the disbursal of each tranche. Lesaka will also make a ZAR 43 million ($2 million) contribution to Recharger at closing which will be u
Show less
Read more
Impact Snapshot
Event Time:
LSAK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LSAK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LSAK alerts
High impacting Lesaka Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
LSAK
News
- Lesaka to acquire prepaid electricity submetering and payments business Recharger, expanding alternative payments offeringGlobeNewswire
- Lesaka gets green light to launch Employee Share Ownership Plan [Yahoo! Finance]Yahoo! Finance
- Lesaka gets green light to launch Employee Share Ownership PlanGlobeNewswire
- Here's Why 'Trend' Investors Would Love Betting on Lesaka Technologies (LSAK) [Yahoo! Finance]Yahoo! Finance
- Lesaka Technologies Inc (LSAK) Q1 2025 Earnings Call Highlights: Strong Consumer Growth and ... [Yahoo! Finance]Yahoo! Finance
LSAK
Earnings
- 11/6/24 - Miss
LSAK
Sec Filings
- 11/14/24 - Form 8-K
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- LSAK's page on the SEC website