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General Category => Africa => kenya => Topic started by: Akeyo on July 10, 2026, 05:04:38 AM

Title: Safaricom to bar use of reserves for share buybacks in proposed changes
Post by: Akeyo on July 10, 2026, 05:04:38 AM

Safaricom to bar use of reserves for share buybacks in proposed changes

Under the proposed changes, the directors will retain the discretion to set aside portions of profits as reserves before recommending dividends.
Source: Safaricom to bar use of reserves for share buybacks in proposed changes (https://www.businessdailyafrica.com/bd/corporate/companies/safaricom-to-bar-use-of-reserves-for-share-buybacks-in-proposed-changes-5522706)