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

Safaricom plans to bar the use of retained earnings for share buybacks under proposed changes to its articles of association that will be tabled at its upcoming Annual General Meeting (AGM). The...

giovedì 9 luglio 2026 New tab

828 words~4 min read

Patrick Alushula

Business Reporter

Nation Media Group

Safaricom plans to bar the use of retained earnings for share buybacks under proposed changes to its articles of association that will be tabled at its upcoming Annual General Meeting (AGM).