Centum buyback 10.8mn shares, misses 10pc target amid caution
The Nairobi Securities Exchange-listed firm said the buyback was executed through two programmes launched in February 2023 and October 2024, and concluded at the end of March 2026. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Centum Investment Company has completed its multi-year share buyback programme, repurchasing 10.8 million shares but falling significantly short of its original target.
- 10,839,300 shares were acquired in total.
- The buyback was executed by Centum Investment Company.
- The company likely adopted a cautious capital allocation strategy due to market conditions and pricing constraints.
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Jubilee Raises Dividend While Centum Misses Buyback Target - April 2026
Jubilee Holdings Limited has announced a significant increase in its dividend payout to shareholders, driven by robust profit growth for the year ended December 2025, with net profit reaching Sh5.6 billion. Separately, Centum Investment Company completed its multi-year share buyback programme, repurchasing 10.8 million shares but falling significantly short of its original 10% target amid market caution. In a separate development, the High Court in Nairobi cleared the sale of a majority stake in East African Breweries PLC to Japan's Asahi Group Holdings, dismissing a bid to halt the transaction.
