Sasol Stock Soars 11.96% on Board Changes, Legal Settlement
On June 13, 2025, Sasol's stock surged by 11.96% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's prospects.
Sasol's recent board changes, including new appointments and resignations, have been closely watched by investors. These changes are part of the company's ongoing efforts to strengthen its leadership and strategic direction. Additionally, the settlement of legal disputes with Transnet has removed a significant overhang, allowing the company to focus on its core operations and growth initiatives.
Sasol's capital markets day and the subsequent approval of a change in dividend policy have also been key events. The company's production and sales metrics for the nine months ended March 31, 2025, have shown resilience, despite challenging market conditions. These metrics indicate that SasolSSL-- is maintaining its operational efficiency and market position, which is crucial for long-term investor confidence.

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