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Bamburi Cement PLC AGM 2024 Q&A

Bamburi Cement PLC AGM 2024 Q&A

Bamburi Cement PLC AGM 2024 Q&A

Report Summary

This document presents questions and answers from Bamburi Cement's 13th June 2024 AGM. Key points include a KES 5.47 dividend per share payable on 25th July 2024, with payments via registered methods like MPESA. The company is lobbying against proposed excise duties impacting profitability and is awaiting communication on a potential special dividend from the Hima sale in H2. Reports of a Chinese buyout are dismissed as market speculation, and the new clinker line project is ongoing with land acquisition in progress.
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