Centum trades 4.9m units as stock buyback continues

DNCENTUMRESULTS2811C

Centum Investment Company CEO James Mworia. FILE PHOTO | DIANA NGILA | NMG

Investors have traded a cumulative 4.9 million shares of Centum Investment Company Plc worth Sh44.5 million since the firm opened its stock buyback programme on February 6.

The volumes of traded shares have more than tripled since the stock buyback started, indicating that the company is the major buyer of the units supplied in the open market.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.