Offshore investors offload Sh1bn of KCB shares in first quarter

A KCB Group branch located along Kenyatta Avenue in Nairobi on February 23, 2025.

Photo credit: File | Nation Media Group

Foreign investors offloaded 27.2 million KCB shares valued at Sh1.05 billion in the first quarter of the year on profit-taking, reversing some of the accumulation seen in 2024.

Regulatory filings show that the offshore investors held 328.29 million KCB shares as at March 31, 2025 equivalent to 10.22 percent of the bank’s total issued shares, down from 355.48 million units (11.06 percent) at the end of December 2024.

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