Collymore raises stake with 300,000 shares purchase

Safaricom CEO Bob Collymore during the release of the telco’s full year results in May. PHOTO | SALATON NJAU | NMG

Safaricom #ticker:SCOM chief executive Bob Collymore has increased his stake in the telecommunications firm by buying 296,400 additional shares, the company’s latest annual report shows.

Mr Collymore purchased the shares worth about Sh7.48 million in the year to March, bringing his total stake to 1,518,600 shares worth about Sh38.3 million based on closing average price of Sh25.25 a piece on Thursday.

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