Econet Wireless Executive Chairman Dr Strive Masiyiwa on Tuesday bought 1 130 shares in Unilever PLC. Unilever Unilever is a Dutch-British transnational consumer goods company co-headquartered in Rotterdam, Netherlands and London, United Kingdom. Its products include food, beverages, cleaning agents and personal care products
Dr Masiyiwa who is also the Rotterdam headquartered company’s non-executive director shareholder in the company bought the shares at $51, 53 each with a total value of $58 233, 57.
By Kudakwashe Pembere
“Unilever plc (LON:ULVR) opened at 4008.00 on Wednesday. The firm’s market capitalization is GBX 113.81 billion. Unilever plc has a 1-year low of GBX 3,019.00 and a 1-year high of GBX 4,088.00.
“The stock’s 50 day moving average is GBX 3,997.50 and its 200-day moving average is GBX 3,514.23,” said a global financial market watch The Cerbat Gem.
Added Cerbat Gem, “The company also recently declared a dividend, which will be paid on Wednesday, June 7th. Investors of record on Thursday, May 4th will be issued a dividend of GBX 30.21 ($0.39) per share. The ex-dividend date is Thursday, May 4th. This is a boost from Unilever plc’s previous dividend of $27.68. This represents a yield of 0.76%.”
The acquisition is Masiyiwa’s only holding in Uniliver after joining fast-moving consumer goods (FMCG) company in April last year.
Masiyiwa serves on a number of international boards, including Rockefeller Foundation, the Council on Foreign Relations’ Global Advisory Board, the Africa Progress Panel, the UN Secretary General’s Advisory Board for Sustainable Energy, Morehouse College, and the Kenjin-Tatsujin International Advisory Council.
He is one of the founders, with Sir Richard Branson, of the global think tank, the Carbon War Room, and a founding member of the Global Business Coalition on Education.