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March 24, 2009

Massmart BEE investors win

Massmart upped the distribution paid out to staff from 50 percent of the ordinary dividend to 75 percent, the cash retail group said yesterday, adding that black economic empowerment (BEE) investors were in the money.



In 2006 Massmart issued shares to the Thuthukani Trust at R49.98 a share.

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Posted by StaffWriter at March 24, 2009 7:14 AM