Largest shareholder Fairfax picks up additional 1.3% JKH stake for Rs. 5.2 b

Wednesday, 3 September 2025 00:28 - - {{hitsCtrl.values.hits}}

Biggest shareholder Fairfax on Monday picked up another 1.3% stake or 230 million shares in top blue chip John Keells Holdings PLC.

At present via HWIC Asia Fund, Fairfaxt held 24.2% stake in JKH as at end of June 2025.

On Monday, JKH saw 237.3 million of its shares traded for Rs. 5.5 billion with the share price closing at Rs. 23, down by 30 cents. Fairfax acquired the new stake at Rs. 23.20 per share.

Among major sellers was Norges Bank Account 2, which as at end June 2025 held 422.8 million shares or 2.4% stake.

Fairfax Financial Holdings is a Canadian financial holding company based in Toronto, Ontario, engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management.