Corporate News
Muguku family further reduces shareholding in bank
The direct stake held by the Mugukus is now worth Sh1.4 billion — a drop that has seen the family cede the position of Equity’s largest individual shareholder to the bank’s CEO James Mwangi (pictured) and Andrew Kimani. Photo/FILE
By BD reporter
Posted Thursday, July 26 2012 at 21:49
Posted Thursday, July 26 2012 at 21:49
The share has appreciated by more than 900 per cent since listing when share splits and bonus stocks are taken into account in what has made its owners, including employees, directors and founder’s, millionaires.
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