Dangote Cement Plc Completes Tranche 11 Share Buy-back Programme

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Wednesday, January 26, 2022 / 05:46 PM / by NGX / Header Image Credit: Dangote Cement


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Dangote Cement Plc hereby announces the completion of the second tranche ("Tranche II) of its share buy-back programme which was announced on 12 January 2022. Relevant details of this Tranche II are set forth below:

 

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Following the conclusion of Tranche II, the total number of residuals issued and fully paid outstanding shares of DCP amounts to 16,873,559,251. The repurchased shares will be held as treasury shares and may subsequently be cancelled.

 

Execution of this Tranche II did not have any material impact on the Company's financial position.


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