A 23 percent jump in Centum’s share price in the last three months to Sh11.90 per unit is denying the company an opportunity to continue buying back its stock from investors under a programme whose execution price was capped at Sh9.51.
Centum is now trading at a two-year high, having rallied over the last three weeks amid a general rise in share prices at the Nairobi Securities Exchange (NSE).
