BUA Cement has recorded notable insider activity, as senior executives demonstrate confidence in the companyā€™s outlook through significant share acquisitions.
Chikezie Ajaero, the companyā€™s Chief Financial Officer and Executive Director, recently acquired 350,000 shares valued at approximately N94.46 million, at a price of N269.9 per share in a transaction executed on March 13, 2026.
In a similar move, Hauwa Satomi, Company Secretary and Chief Legal Officer, purchased 400,000 shares worth about N107.2 million at N268.1 per share on the same day.
Both transactions were carried out in Lagos, amid heightened market activity that saw trading volume rise to 2.9 million shares. The stock closed the session strong at N270 per share, reflecting a gain of over 9%.
These developments highlight growing insider confidence and renewed investor interest in BUA Cementā€™s market performance.
#StockMarketNigeria #CorporateConfidence #InvestorInsight #AfricanMedia
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