Today, the Board of Directors of Dangote Cement Plc announces that it has considered and subject to obtaining detailed advice and regulatory approvals, will recommend to its shareholders for consideration, a proposal to consolidate its share capital, as well as a share buyback programme. The details of these actions are yet to be finalized and will be communicated at a later date.
Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares until a further announcement is made.