Company NewsThe Big Story

Airtel Uganda shares go on sale today: Here are key facts, figures and dates that you must know

by Muhereza Kyamutetera
The investment banks have said the IPO price of UGX100 is a goo buy and given the past performance and future prospects, the price was bound to appreciate moving forward.
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Airtel Uganda, will today, August 30th 2023, at 10 am, begin selling  8 billion shares (20% of the issued 40 billion shares) for UGX100 each, also known as IPO, in a sale expected to fetch the original shareholders- a handsome UGX800 billion.  The offer price values the company, which doesn’t include Airtel Mobile Commerce Limited (AMCUL), at UGX4 trillion.  The offer shall close on

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.