MTN Ghana to Offload GHS 2.83 Million Worth of Shares on the Open Market
Scancom PLC (MTN Ghana) has announced plans to sell 729,810 shares acquired through a restricted buy-back programme on the open market.
The sale, scheduled to begin on August 25, 2025, will be conducted in line with all applicable regulations of the Ghana Stock Exchange (GSE) and the Securities and Exchange Commission (SEC).
The transaction will be executed by IC Securities Ghana Ltd at prevailing market prices.
Based on MTN Ghana’s current share price of GHS 3.89, the sale amounts to approximately GHS 2.83 million.
The disclosure, made in compliance with GSE and SEC rules, marks one of the few share sales by a major listed company in recent times.
MTN Ghana, which remains the most liquid equity on the exchange, has consistently dominated trading volumes and value, accounting for nearly 97% of total market turnover in the week ending August 22, 2025.
