Centum Investment seeks a 55.7 million buyback for Centum Investment Company stock

Published on 10/19/2026 at 03:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Centum Investment proposed a 55.7 million share buyback on September 28, 2026. The plan targets CTUM stock at KES 15.10-15.51.

Corporate actions and earnings

Centum proposed a 55.7 million share buyback on September 28, 2026.
Fiscal year 2026 revenue was KES 5.09 billion and net income was KES 1.30 billion.
The next dividend payment is scheduled for December 14, 2026.

CTUM, KE0000000265, Illustration mit AI erstellt.

Centum Investment Company (ISIN KE0000000265) proposed a 55.7 million share buyback on September 28, 2026, equivalent to 10 percent of issued share capital after treasury shares. Business Today reported that the plan required shareholder approval at the annual meeting and could cost up to KES 864 million.

Buyback sets a valuation marker

The proposed purchase range was KES 15.10 to KES 15.51 per share, while the article cited a market price of KES 19.00 on September 28, 2026. The program was designed to reduce the freely traded share count and could leave 599.7 million shares available if completed in full, according to Business Today.

What does the buyback mean for value?

The proposed transaction is funded from KES 21.98 billion in retained earnings and is intended to improve net asset value per remaining share. The same report said the buyback was scheduled to open on September 30, 2026, and close by March 30, 2028, unless the 10 percent limit was reached earlier.

Three changes shaped the story

On September 7, 2026, Centum appointed Thomas Omondi-Achola as acting group chief executive after James Mworia left to lead the National Infrastructure Fund, a transition covered by Kenya Minute. On September 16, 2026, the company was described as moving from debt reduction toward returning cash to shareholders, with a 66 percent cost-to-income ratio cited in the same coverage. The September 28, 2026 buyback proposal then supplied the clearest capital-allocation figure.

Dates for income and reporting

The buyback was scheduled to begin on September 30, 2026, while a dividend payment of KES 0.78 was listed for December 14, 2026 by Business Today. Simply Wall St listed November 27, 2026 as the next reporting date.

Earnings show a mixed picture

For fiscal year 2026, revenue was KES 5.09 billion, down 16 percent from the prior year, while net income was KES 1.30 billion, down 2.7 percent. Profit margin nevertheless rose to 26 percent from 22 percent, and earnings per share fell to KES 1.99 from KES 2.05, according to Simply Wall St.

Centum remains a Nairobi-listed investment group

Centum Investment Company operates across private equity, real estate, fund management, publishing and banking-related assets. Its financial profile combines a 16 percent revenue decline with a higher profit margin, making the buyback price range and the December dividend the next concrete markers for shareholders.