BUA Cement executives are signalling confidence, actively purchasing substantial shares amid the company’s rising stock performance.
On March 13, 2026, CFO and Executive Director, Chikezie Ajaero, bought 350,000 shares worth ₦94.46 million.
Executive Confidence Drives BUA Cement Share Purchases
Meanwhile, Company Secretary, Hauwa Satomi, acquired 400,000 shares valued at ₦107.2 million at ₦268.1 each.
Both transactions occurred in Lagos, as trading surged to 2.9 million shares during the session.
Consequently, shares closed at ₦270, rising more than 9%, which boosted investor confidence in BUA Cement.
Furthermore, these were the first director dealings recorded in 2025, showing trust in the company’s strong fundamentals.
Stock Surges Amid Strong Market Sentiment
During that week, the stock rallied approximately 20%, marking its strongest weekly performance so far this year.
As a result, BUA Cement ranked third among NGX’s top 10 equities, pushing the Industrial Goods Index higher.
Additionally, month-to-date, the stock gained over 49%, already surpassing the 41.51% rally seen in July 2025.
Read Also: BUA Cement Surges As Investors Bet On 2026 Growth
Moreover, year-to-date gains reached 83%, raising market capitalisation to ₦10.05 trillion from ₦6.04 trillion at 2025 year-end.
Financial Strength Underpins Growth
The company achieved pre-tax profit of ₦465.28 billion, up 367%, driven mainly by bagged cement revenue.
Revenue grew to ₦1.179 trillion, with Nigeria contributing 98.7% and exports accounting for the remaining share.
Consequently, gross profit increased 101% to ₦604.1 billion, helped by lower foreign exchange losses of ₦9.6 billion.
Operating profit reached ₦504.5 billion, while net finance costs declined slightly to ₦56.2 billion, supporting strong growth.
The company raised total assets 18.2% to ₦1.85 trillion, with property, plant, and equipment leading the value.
Moreover, total equity climbed 73.2% to ₦672.8 billion, with retained earnings of ₦462.3 billion forming the bulk.
Subsequently, the board approved a final dividend of ₦10 per 50 kobo ordinary share, valued at ₦338.64 billion.
Investors earned more than 91% return in 2025, and 2026 gains are already showing promising upward momentum.
Strong executive purchases, growing market confidence, and solid financials indicate BUA Cement’s growth story continues this year.
