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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The board of Centum Investment has approved a plan to buy back up to 10 per cent of the firm's issued and paid-up share capital.
The firm said that the move is intended to provide liquidity for the shares of the dual-listed firm as well as reward long-term shareholders.
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