Telkom SA SOC Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

JSE:TKG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
25 Aug 25	SellR10,280	Brian Kennedy	Individual		200	R51.40
25 Aug 25	SellR1,600,652	Serame Taukobong	Individual		31,834	R50.28

Insider Trading Volume

Insider Buying: TKG insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TKG?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	300,423	0.0602%
General Public	114,421,647	22.9%
Institutions	177,261,409	35.5%
State or Government	207,038,059	41.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 75.46% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.5%	The Republic of South Africa	207,038,059	R10.5b	0%	no data
10.5%	Public Investment Corporation Limited	52,396,986	R2.6b	21.5%	0.17%
4.69%	PSG Fund Management	23,401,061	R1.2b	0%	13.73%
3.27%	Old Mutual Investment Group South Africa (Pty) Limited	16,318,291	R824.9m	0%	0.13%
2.68%	M&G Investment Managers (Pty) Limited	13,385,561	R676.6m	0%	2.43%
2.41%	The Vanguard Group, Inc.	12,043,591	R608.8m	4%	no data
1.78%	MandG Investments Southern Africa (Pty) Ltd	8,882,586	R449.0m	-8.36%	0.67%
1.5%	Dimensional Fund Advisors LP	7,488,720	R378.6m	-1.15%	no data
1.48%	VP Fund Solutions (Liechtenstein) AG	7,371,000	R372.6m	0%	2.63%
1.13%	BlackRock, Inc.	5,620,749	R284.1m	4.29%	no data
0.79%	Ninety One UK Limited	3,919,165	R198.1m	-2.74%	0.01%
0.48%	Mackenzie Financial Corporation	2,418,184	R122.2m	0%	0.01%
0.44%	Schroder Investment Management Limited	2,215,094	R112.0m	0%	no data
0.43%	Old Mutual Customised Solutions (Pty) Limited	2,128,269	R107.6m	-12.1%	0.56%
0.42%	American Century Investment Management Inc	2,088,321	R105.6m	8.33%	no data
0.36%	Pacific Investment Management Company LLC	1,773,208	R89.6m	6.44%	0.01%
0.36%	Norges Bank Investment Management	1,772,081	R89.6m	-83.8%	no data
0.26%	State Street Global Advisors, Inc.	1,285,688	R65.0m	5.41%	no data
0.22%	Momentum Multi-Manager (Pty) Ltd	1,090,551	R55.1m	153%	0.43%
0.18%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	922,218	R46.6m	19%	no data
0.15%	First Trust Advisors LP	746,494	R37.7m	35.6%	no data
0.13%	Taquanta Asset Managers (Pty) Ltd.	667,104	R33.7m	2.55%	0.15%
0.12%	Sanlam Investment Management (Pty) Ltd.	583,808	R29.5m	5.27%	0.01%
0.1%	Visio Capital Management (Pty) Ltd.	506,742	R25.6m	0%	0.77%
0.099%	Obsidian Capital (Pty) Ltd	496,332	R25.1m	-5.83%	1.76%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/14 17:51
End of Day Share Price	2025/11/14 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telkom SA SOC Ltd is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jonathan Bradley	Absa Bank Limited
Niel Venter	Absa Bank Limited
Tibor Bokor	Arqaam Capital Research Offshore S.A.L.