What Is MTN Shares?
MTN Shares means either the Class B ordinary shares of the Company held by MTN or the ordinary shares redesignated from such Class B ordinary shares of the Company held by MTN immediately prior the IPO, as the context may require.
How To Buy MTN Shares In Uganda
The MTN shares can also be purchased through licensed Receiving Agents – Issuing Houses, Stockbrokers, and Banks. A potential investor can visit any of their offices, obtain the application form, submit the completed Application Form and make payment to a Receiving Agent.
- Open a FREE Trading Account here.
- Verify account via email or phone number.
- Set up 2FA (Two Factor Authentication)
- KYC your profile to get verified.
- Explore and get acquainted with the trading dashboard.
- Deposit fiat into your trading account.
How Do I Buy Shares In Uganda?
As an investor wishing to buy shares through the USE, you must approach your stock broker and express your desire to buy shares of a given listed company. You will then deposit the money of any amount into the trust account. It is a requirement of the USE that for local orders, payment is made upfront by the investor.
What Are The Benefits Of Buying MTN Shares?
Benefits Of Buying MTN Shares
Real-time dealing throughout the trading day with limited orders available when markets are closed. Receive dividends either as income or re-invest to buy more shares.
How Do You Buy Shares For Beginners?
- 1 – Open an online account. Opening an online share dealing account is very simple.
- 2 – Decide which type of investor you are.
- 3 – Choose which shares you want to buy.
- 4 – Decide how much you want to invest.
- 5 – Invest and monitor.
Is MTN A Good Stock To Buy?
Out of 5 analysts, 2 (40%) are recommending MTN as a Strong Buy, 1 (20%) are recommending MTN as a Buy, 2 (40%) are recommending MTN as a Hold, 0 (0%) are recommending MTN as a Sell, and 0 (0%) are recommending MTN as a Strong Sell.
Who Are The Shareholders Of MTN?
| Stockholder | Stake | Shares owned |
|---|---|---|
| LSV Asset Management | 0.01% | 265,100 |
| Envestnet Asset Management, Inc. | 0.01% | 115,840 |
| Valeco Finance SA | 0.00% | 40,000 |
| Yousif Capital Management LLC | 0.00% | 18,388 |
How Do I Check My MTN Shares?
Once MTN is listed, the price can be viewed on the USE website https://www.use.or.ug/content/market-snapshot. The share prices also are published in the mainstream newspapers and TV stations. Also contact your licenced stock broker for updated market reports.
Who Is The Largest Shareholder In MTN?
Public Investment Corporation Limited
Public Investment Corporation Limited is currently the largest shareholder, with 24% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 6.7% and 5.2%, of the shares outstanding, respectively.