Nation Media Group to buy back 10 per cent of its shares

nation centre
[Image source: Nairobi News]


Nation | by Paul Wafula


Nation Media Group (NMG) has announced plans to buy back 10 per cent of its own shares from shareholders in a share buyback programme that will give its investors a chance to cash in on their investments.

The media house, which embarked on a digital transformation journey with the recent launch of its flagship digital brand, Nation.Africa, told its shareholders and investors on Thursday that its board had resolved to propose to its shareholders the purchase of up to 10 per cent of its issued and paid-up share capital…

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[Image source: Nairobi News]

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