MTN Ghana Foundation in collaboration with 3 Foundation has taken another giant step by launching an initiative dubbed: "Think Heart, Save a Child" project to help support children with hole in heart conditions in the country. Under this partnership, MTN Ghana Foundation will provide a total of GH¢200,000.00 a year…
MTN Ghana gets green light to buy back over 1million shares LISTEN
JAN 25, 2021
MTN Ghana has received approval from the Securities and Exchange Commission (SEC) to buy back over one million shares of applicants, who failed to provide sufficient personal information to complete their Know Your Customer (KYC) requirements under the Initial Public Offer (IPO).
It will be recalled that shareholders of MTN Ghana at an Extraordinary General Meeting (EGM) held on Thursday, December 3, 2020, gave the Company the approval to buy back shares of applicants with incomplete personal information at the IPO price of GH¢0.75.
A statement issued in Accra by Mr Robert Kuzoe, Acting Corporate Services Executive of MTN, said with the approval, all such applicants would receive a refund of their initial purchasing money and dividends accrued since the IPO.