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Dangote Cement to Acquire 168 Million Shares in Share Buyback Program

Maya Lin-Takahashi • • 3 min read
Dangote Cement to Acquire 168 Million Shares in Share Buyback Program

Everything you need to know about Dangote Cement to Acquire 168 Million Shares in Share Buyback Program, featuring essential background.

In related news, Legit.ng reported that Aliko Dangote jumped nine places to rank 75th richest person in the world from the 84th position he occupied On Tuesday, May 30, 2023.

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However, he made a significant leap, ascending nine places to secure the 75th spot on Wednesday, May 31, 2023.

After persisting within the 80s range for over a year, this remarkable surge in ranking was attributed to the robust performance of Dangote Cement, which serves as his primary source of wealth.

As per the Bloomberg Billionaire Index, Dangote's fortune experienced a substantial increase of $769 million in a single day, reaching $21.2 billion, surpassing the $20.5 billion mark it had maintained for the past four months.

Source: Legit.ng

Maya Lin-Takahashi
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Maya Lin-Takahashi

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.