Tolaram’s N Seven crosses N1bn mark in recent Guinness stock buying spree - Businessday NG

DatePrice (Naira)VolumeSep-04-2026384.8476,244.00Sep-03-2026384.8603,395.00Sep-02-2026384.8606,443.00Sep-01-2026384.8663,977.00Aug-31-2026384.8607,248.00Aug-28-2026384.8706,790.00Aug-27-2026376125,675.00

N Seven Nigeria Limited, the core investment vehicle and subsidiary of the Tolaram Group, has further cemented its dominant ownership in Guinness Nigeria Plc through an aggressive open-market share accumulation.

Across a strategic series of successive trading tranches on the floor of the Nigerian Exchange Limited (NGX), the parent company has poured over N1 billion into a continuous stock-buying spree.

This sustained capital injection pushes its majority equity stake well past the 70.9 percent threshold, signalling unwavering investor confidence in the brewer’s ongoing financial turnaround and long-term market value.

Through a strategic transaction executed on the floor of the NGX, N Seven Nigeria Limited on Monday, September 7, purchased additional stock valued at N145.6 million at a rate of N363.20 per share.