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Business Daily·3 min read·medium

Kenyan retail investors buy Sh836m KCB shares

C
Charles Mwaniki
Kenyan retail investors buy Sh836m KCB shares
✦AI Summary

Individual retail investors in Kenya increased their stake in KCB Group to 24.73 percent during the second quarter of 2026. This shift occurred as local institutions and foreign investors sold shares to capitalize on the bank's recent stock price rally.

Why it matters

The shift in ownership highlights growing retail participation in the Nairobi Securities Exchange and reflects investor confidence in the bank's strong earnings performance.

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Local individual investors bought additional 9.72 million shares of KCB Group with a current market value of Sh836.3 million in the three months to June 2026, lifting their stake in the company to 24.73 percent.

Disclosures by the Nairobi Securities Exchange-listed firm show that local retail investors grew their holdings to 794.8 million shares at the end of June, up from 785.1 million shares at the end of March.

The shares were bought from local institutions and foreign investors who traded part of their holdings to take profits as the bank’s share price rallied.

Local institutions cut their ownership by 5.87 million shares to 1.501 billion shares, resulting in their stake falling to 46.74 percent from 46.93 percent.

The National Social Security Fund maintained its ownership in KCB at 10.20 percent. The bank’s top shareholder is the National Treasury, with an interest of 19.76 percent.

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