Rhys Summerton, iOCO CEO. (Graphic by Nicola Mawson, with official collateral) JSE-listed iOCO this morning reported profit of R180 million, an increase of 45.6%, from revenue of R2.8 billion in the first half, as its three-step strategy starts to bear fruit. As part of this strategy, iOCO made its first acquisition in eight years, says…
JSE-listed technology services group iOCO has scrapped its work-from-home policy entirely, requiring all employees to return to the office full time — and it says the move has delivered a measurable improvement in productivity, fewer errors and happier customers. The decision, disclosed by CEO Rhys Summerton during the group’s interim results presentation on Wednesday, places…
iOCO CEO Rhys Summerton JSE-listed technology group iOCO has set its sights on becoming a “serial acquirer”, with CEO Rhys Summerton telling investors on Wednesday that the company had evaluated more than 10 acquisition targets — ranging from R50-million to R700-million in equity value — and has a pipeline of further deals to pursue. Speaking…
JSE-listed IT services group iOCO expects to report a further improvement in earnings for the six months to end-January 2026, further putting its historical debt and governance challenges behind it. It said on Tuesday in a trading update that earnings per share and headline earnings are both expected to be between 27c cents and 30c/share….
Dennis Venter has resigned as co-CEO of iOCO. Dennis Venter has resigned as co-CEO and member of the board of directors of iOCO, with immediate effect. The JSE-listed iOCO, formerly known as EOH, made the announcement yesterday, saying Venter has decided to pursue his other business interests. “The company extends its sincere appreciation to Dennis…
Dennis Venter Dennis Venter has resigned as co-CEO and board member of JSE-listed IT services group iOCO with immediate effect. In a statement to shareholders after markets closed in Johannesburg on Wednesday, iOCO said Venter has decided to pursue his other business interests. The company thanked him for his leadership and contribution during his tenure….
iOCO co-CEO Rhys Summerton. (Photograph supplied) JSE-listed technology services company iOCO, formerly known as EOH, is forging ahead with its share buyback scheme. On Friday, iOCO announced it has repurchased an additional 2 183 365 shares under its ongoing share buyback programme. The shares were bought back between 2 January and 29 January, at prices…
JSE-listed IT services group iOCO has repurchased a further 2.18 million of its own shares, continuing a buyback programme launched last year. In a voluntary statement published on Friday, iOCO — previously EOH Holdings — said the shares were bought between 2 and 29 January 2026 at prices ranging from R4.31 to R4.65, for a…
iOCO co-CEO Rhys Summerton. (Photograph supplied) iOCO, formerly known as EOH, has continued to return capital to shareholders after repurchasing a further 2.34 million shares in the open market. In a notice to shareholders, the JSE-listed IT services group said it repurchased 2 344 669 ordinary shares between 29 November 2025 and 31 December 2025. …
JSE-listed technology group iOCO is stepping up its share repurchase programme, acquiring a further 2.34 million ordinary shares between 29 November and 31 December 2025, at prices between R3.98 and R4/share. The total value of the latest buybacks was R9.4-million, excluding transaction costs. The repurchased shares are being held as treasury shares. Since the programme…
