July 20, 2023
Lagos, Nigeria
SHARE BUY-BACK PROGRAMME BY DANGOTE CEMENT PLC – COMPLETION OF TRANCHE I
Dangote Cement Plc (“DCP” or the “Company”) hereby announces the completion of the first tranche (“Tranche I”) of its share buy-back programme which was announced on 7 July, 2023.
Relevant details of this Tranche I are set forth below:
| Commencement Date: | Monday, 17July, 2023 |
| Completion Date: | Tuesday, 18 July, 2023 |
| Mode: | Open Market on Nigerian Exchange Limited |
| Total Number of Shares Repurchased: | N41,155,703,818.10 |
| Average Price: | N339.00 |
Following the conclusion of Tranche I, the total number of issued and fully paid outstanding shares of DCP amounts to 16,752,154,537.
The repurchased shares will be held as treasury shares and may subsequently be cancelled. Execution of this Tranche I did not have any material impact on the Company’s financial position.
For more information, please contact:
Temilade Aduroja
Head, Investor Relations
InvestorRelationsDangoteCement@dangote.com
+234 915 469 1597