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Safaricom executives’ buy more Shares

Safaricom Plc bought more shares in it’s EPSAP plan, bringing the total holding of the Telco by executives to 32.2 million units with a current market value of Kes 875 million.

Regulatory filings for July at the registrar show that an additional nine million shares were bought by Safaricom’s employee performance share award plan (EPSAP).

The company’s chief executive and chief financial officer have traditionally taken most of the stock-based compensation.