The shares were bought from local institutions and foreign investors who traded part of their holdings to take profits as the bank’s share price rallied.
Kenyan retail investors raised KCB stake to 24.73% amid 10.7% earnings growth and higher dividends, as the bank's stock surged 70%. The reallocation reflects institutional profit-taking in a MSCI-indexed lender, signaling yield-driven capital rotation in African equities.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Local individual investors bought additional 9.72 million shares of KCB Group with a current market value of Sh836.3 million in the three months to June 2026, lifting their stake in the company to 24.73 percent.
The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
KCB Group Plc shareholders have approved a total dividend payout of Sh22.5 billion for the 2025 financial year, rewarding…
Only investors with 7,520 NCBA shares or more have been offered cash-and-stock compensation to meet the condition of holding at…
The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
The bonds market has grown in popularity among investors with a marked increase in holdings of the securities by retailers and…
Growth majorly driven by growth in interest-earning assets and a drop in interest expense.
