Centum new share buyback set below market price

Screen showing market trends at Nairobi Securities Exchange. 

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Centum Investment Company is taking a third stab at buying back 10 percent of its issued shares after previous attempts fell short due to the market price surpassing the buyback execution price.

The Nairobi Securities Exchange (NSE) listed investment firm is targeting 55.7 million shares in the third buyback, which is equivalent to 10 percent of its issued shares.

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