Why are Sasol Inzalo Shares Dropping?
Why are Sasol Inzalo Shares Dropping? Factors that influence the price drop of MTN shares – Revealed! View the live share price and more.
🔎 Company | 🥇 Sasol |
🌎 Country of Operation | South Africa |
⚙️ Operational | 22 Countries |
✅ Supplies | 100+ Countries |
📌 Products | Chemicals Energy Substainable Aviation Fuel |
Why are Sasol Inzalo Shares Dropping? – 4 Key Point Quick Overview
- ✅ Sasol Inzalo Overview
- ✅ Sasol Inzalo Share Performance 2016 to 2018
- ✅ Sasol Khanyisa Overview
- ✅ Sasol Khanyisa SOLBE1 Share performance 2018 to date
Sasol Inzalo Overview
Sasol Inzalo debuted in September 2008 with a share price of R366. Many shareholders participated, including Sasol Inzalo Public (SIPBEE shareholders), who paid R18.30 or R36.60 a share, and workers, who got shares for free. Sasol Inzalo Public (SIPBEE) stockholders received a total of R85.63 per share in 2008 (without any applicable 20% dividend withholding tax). The volatility in the price of crude oil and other commodities has caused fluctuations in the share price of Sasol Inzalo, which ranged from a low of R252 in 2009 to a high of R632 in 2014. In September 2018, Sasol Limited sold 16.1 million shares of its preferred common stock to Sasol Inzalo Public Funding (Pty) Ltd (Fundco), and for R542.11, Sasol Limited repurchased the shares.
On September 6, 2018, the price per share of Sasol’s preferred common shares was calculated using the 30-day volume-weighted average share price. Additionally, Fundco received a total payment of R8.7 billion. Fundco refunded R7.4 billion in unpaid Inzalo loans on September 10, 2018. After paying back the outstanding Inzalo funds, taxes, and fees, there was a cash surplus of R1.3 billion before the deduction of dividends withholding tax, if applicable, and payment to SIPBEE shareholders on September 17, 2018. Sasol Inzalo’s contract with the company expired in September 2017. Accordingly, on September 18, Sasol Inzalo Public Limited (RF) was delisted from the JSE and replaced by Sasol Khanyisa.
Sasol Inzalo Share Performance 2016 to 2018
SIPBEEJ’s stock performance can be traced back to February 2016. The share price in February 2016 was 26.50 ZAR. SIPBEEJ’s price climbed to 45.00 ZAR in July 2016, representing a 69.8% increase. By January 2017, the price had reduced by 6.6% to 42.00 ZAR and stayed steady until October 2017, when it plunged dramatically to 35.00 ZAR (16.6%). Then, however, in November 2017, the price of SIPBEEJ rose drastically from 86.1% to 65.16 ZAR.
SIPBEEJ had a price of 88.25 ZAR in January 2018, representing a 35.4% increase from November 2017. By March 2018, the price had fallen to 84.85 ZAR, a 3.8% decline. SIPBEEJ’s price increased by 11.9% to 95.00 ZAR in May 2018 before falling by 34.1% in August 2018.
Sasol Khanyisa Overview
Each Sasol BEE ordinary share (SOLBE1 share) can only be purchased and sold on the JSE’s Empowerment Segment by Black South Africans according to the BEE Codes. Dividends are paid to SOLBE1 shareholders in the same manner that dividends are paid to SOL stockholders. In terms of liquidity and volume traded, the market determines the price of SOLBE1 shares, which are now trading at a little discount to SOL shares.
Participants who sign the JSE BEE Contract undertake to sell or buy SOLBE1 shares exclusively to “BEE Compliant Persons,” as defined by DTI Codes. As a result, SOLBE1 shares may be seen trading on the JSE’s BEE board.
Sasol Khanyisa SOLBE1 Share performance 2018 to date
In 2018, SOLBE shares reached a high of 370 ZAR and a low of 205 ZAR, with performance increasing in 2019 to a price of 295 ZAR. In 2019, Sasol Khanyisa’s shares significantly decreased to 235 ZAR. Furthermore, because of the Covid-19 pandemic and its effects on the global economy, SOLBE1 shares dropped to 40 ZAR, an all-time low since Sasol Khanyisa was initially launched. However, despite Sasol’s challenges, SOLBE1 shares slowly increased during 2025. However, share prices have not yet returned to their pre-pandemic highs.
In the past year, SOLBE1 shares have increased by 22.5%, but in the past three months, shares have seen a decrease of 4.72%, ranking Sasol Khanyisa 42nd on the JSE in terms of performance. The price drops that Sasol Khanyisa experienced can be attributable to macroeconomic factors, including phased closures, high gas station costs, and more.
Frequently Asked Questions
Did shareholders receive dividends from Sasol Inzalo in 2018?
Before Inzalo was concluded and delisted from the JSE, all shareholders received a dividend payment of 85.63 ZAR before and 68.50 ZAR after the 20% withholding tax.
Can Sasol Khanyisa shareholders expect dividends in 2025?
Sasol is expected to pay dividends in 2025.
Why are energy stocks like Sasol Inzalo down?
Energy stocks like Sasol Inzalo are down because oil is currently under pressure because of a global recession and an increasing US dollar.