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Centum extends share buyback after acquiring 9.7m units
James Mworia (right), CEO of Centum Investments and Risper Alaro, the Group Finance Director, during the company's Investor briefing held at their Two Rivers offices on July 30, 2024.
Photo credit: Wilfred Nyangaresi | Nation Media Group
Centum Investment Company has extended the closing date for its share buyback programme to at least September 20, after managing to snap up just 14.7 percent of the targeted 66.54 million shares over 18-month period.
The company launched the buyback on February 6, 2023, with a target of closing it on August 2, 2024 or earlier if the company was to achieve the full target of shares.
