Dangote Cement Proposes Share Buyback


The Board of Directors of Dangote Cement Plc announced on Tuesday that, subject to obtaining detailed advice and regulatory approvals, it will recommend to its shareholders for consideration, a proposal to consolidate its share capital, as well as a share buyback program. Details of these actions are yet to be finalized and will be communicated at a later date.

In this regard, shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares until a further announcement is made.

Please click this link to view the letter sent to the NSE.

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