Investor Presentaiton
Successful Share Buy-Back Programme
Tranche I of DCPs Second Share Buy-Back Programme Completed
Daily Summary
Date
17/07/2023
18/07/2023
Stockbroker
All Stockbrokers
All Stockbrokers
Total
Shares Repurchased
16,623,661
104,781,053
121,404,714
Value Repurchased
Avg Price
5,607,316,605.4
35,548,387,212.8
337.3
339.3
41,155,703,818.2
339.00
Share Capital Analysis
Pre Buy-Back number of shares
17,040,507,404
Tranche I (2020)
40,200,000
0.24%
Tranche II (2022)
126,748,153
0.74%
Tranche I (2023)
121,404,714
0.71%
Post Buy-Back number of shares
16,752,154,537
1.7%
Investor Presentation
The share buy-back programme reflects
DCP's commitment to finding opportunities
beyond dividend to return cash to
shareholders.
Mkt Cap (bn N)
DANGOTE
CEMENT
7,000
6,500
400
352
350
6,000
5,500
285
300
5,000
I
I
250
4,500
4,000
I
4,808
5,938
200
3,500
3,000
150
Pre Buy-back
Market Cap
Post Buy-back
Share price
•
•
•
DCP bought back 0.71% of its issued and fully paid-up
ordinary shares.
The buy-back was exercised at an average price of
#339.00/share.
The overall outcome of the tranche I buy-back was
successful, with DCP achieving a record share price of
#360/share.
Post buy-back market capitalisation was #5,938 billion.
Dangote Cement | Page 17
DCP's share price, NView entire presentation