Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    South Africa 10-Year Bond Yield Edges Higher to 8.83%

    September 19, 2026

    Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris

    September 19, 2026

    Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market

    September 19, 2026
    Facebook X (Twitter) Instagram
    Trending
    • South Africa 10-Year Bond Yield Edges Higher to 8.83%
    • Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris
    • Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market
    • PIA: Market Forces Determines Fuel Prices – NMDPRA
    • NVIDIA bStocks Gains on Regulatory Tailwinds for Tokenized Equities.
    • SpaceX Tokenized bStocks Rises on SEC “Innovation Exemption” Bet
    • XRP Tops $1.44 as Ripple CEO Downplays Failed CLARITY Act
    • S&P Affirms Cameroon ‘B-/B’ Rating with Stable Outlook
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, September 20
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Dangote Cement Cancels Treasury Shares, Price Steadies

    Dangote Cement Cancels Treasury Shares, Price Steadies

    Julius AlagbeBy Julius AlagbeFebruary 19, 2025Updated:February 19, 2025 News No Comments1 Min Read
    Dangote Cement Cancels Treasury Shares, Price Steadies
    Aliko Dangote
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Dangote Cement Cancels Treasury Shares, Price Steadies

    Dangote Cement Plc stock market price steadied at N480 as the company cancelled its repurchased or treasury shares in the equities market today, stockbrokers revealed.

    Following a successful share buyback program in 2024, the cement company has successfully cancelled its Treasury shares. The cement company had launched a series of share repurchase programs in the recent past years to stem price volatility on the Nigerian Exchange.

    A total of 166,948,153 Treasury Shares, a portion of previously issued outstanding shares repurchased from shareholders by Dangote Cement Plc, were canceled on the exchange today.

    Data from the Nigerian Exchange revealed that Dangote Cement Plc’s outstanding shares fell from 17.040 billion to 16.873 billion, with a total valuation of N8.099 trillion. #Dangote Cement Cancels Treasury Shares, Price Steadies Yield on Nigerian Treasury Bills Falls ahead of Rebase Data

    Dangote Cement
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    South Africa 10-Year Bond Yield Edges Higher to 8.83%

    Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris

    Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market

    PIA: Market Forces Determines Fuel Prices – NMDPRA

    NVIDIA bStocks Gains on Regulatory Tailwinds for Tokenized Equities.

    SpaceX Tokenized bStocks Rises on SEC “Innovation Exemption” Bet

    Add A Comment

    Comments are closed.

    Editors Picks

    South Africa 10-Year Bond Yield Edges Higher to 8.83%

    September 19, 2026

    Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris

    September 19, 2026

    Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market

    September 19, 2026

    PIA: Market Forces Determines Fuel Prices – NMDPRA

    September 19, 2026

    NVIDIA bStocks Gains on Regulatory Tailwinds for Tokenized Equities.

    September 19, 2026
    Latest Posts

    South Africa 10-Year Bond Yield Edges Higher to 8.83%

    September 19, 2026

    Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris

    September 19, 2026

    Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market

    September 19, 2026

    PIA: Market Forces Determines Fuel Prices – NMDPRA

    September 19, 2026

    NVIDIA bStocks Gains on Regulatory Tailwinds for Tokenized Equities.

    September 19, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.