Home Business Nation Media Group kicks off share repurchase programme

Nation Media Group kicks off share repurchase programme

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[Image source: Nairobi News]
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Kenyan Wall Street | by Jackson Okoth


Nation Media Group (NMG) has begun Kenya’s first share buyback programme at the Nairobi Securities Exchange (NSE).

A share repurchase or buyback refers to when the management of a public company decides to buy back company shares that were previously sold to the public. NMG targets buying back 10% of its issued shares between 28th June 2021 and September 24th 2021…

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