Centum buys back 4.6m shares in first five months

James Mworia, the Centum Investment CEO. FILE PHOTO | JEFF ANGOTE | NMG

Centum Investment Company Plc acquired 4.64 million shares from shareholders in the first five months of its share buyback programme, representing seven percent of its targeted number in the 18-month plan that opened in February.

Centum is targeting to buy back up to 66.54 million of its shares at a maximum price of Sh9.03 —and a minimum of Sh0.50— capping the spend on the exercise at Sh600.9 million.

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