Local retail investors bought an additional 14.16 million KCB shares in the nine months to September worth Sh273.3 million at the current price, deepening their stake in the tier-one lender.
Latest regulatory filings by the bank show that as of September 30, 2023, local individual shareholders held 861.58 million shares equivalent to a stake of 26.81 percent in the Nairobi Securities Exchange (NSE) listed lender, up from 847.43 million shares or 26.37 percent at the start of the year.