Centum board to address the company’s low share price

Centum CEO James Mworia. FILE PHOTO | NMG 

Centum Investment Company Plc #ticker:CTUM plans to take measures to address the firm’s undervaluation on the Nairobi Securities Exchange (NSE) where its stock trades at less than a third of the value of net assets.

The company’s board of directors said at the virtual annual general meeting held on Friday that the big valuation gap has persisted and that it is considering several strategies to fix it.

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