African Stock Exchanges

MTNGH - MTN Ghana

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MTNGH share price on Ghana Stock ExchangeMTNGH share price on Ghana Stock Exchange

Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017.

MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.

MTN Ghana is listed on the Ghana Stock Exchange (GSE) since September 3rd, 2018. MTN is traded on the GSE under the ticker symbol “MTNGH”. The International Securities Identification Number (ISIN) of GSE:MTNGH is GHEMTN051541. MTN Ghana is currently the third most valuable stock on the GSE with a market capitalization of GHS 13.4 billion, which is about 20.3% of the entire Ghana Stock Exchange equity market.

MTNGH1.09 ▪ 0.00
1 hour ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume17,643
Number of Deals
Gross Turnover19,230.87
Growth & Valuation
Earnings Per Share0.2426
Price/Earning Ratio4.49
Dividend Per Share0.1640
Dividend Yield15.1%
Shares Outstanding12.3B
Market Capitalization13.4B
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

MTNGH Stock Market Performance

1WK4WK3MO
-0.91%-9.17%+18.5%
6MO1YRYTD
+23.9%+21.1%+23.9%

The current share price of MTN Ghana (MTNGH) is GHS 1.09. MTNGH closed its last trading day (Friday, June 2, 2023) at 1.09 GHS per share on the Ghana Stock Exchange (GSE). MTN began the year with a share price of 0.88 GHS and has since gained 23.9% on that price valuation, ranking it fourth on the GSE in terms of year-to-date performance. Investors should, however, take caution of MTNGH’s recent bad performance, having lost 9% of its value in the past four weeks.

MTN Ghana is the #1 most traded stock on the Ghana Stock Exchange over the past three months (Mar 1 - Jun 2, 2023). MTNGH has traded a total volume of 193 million shares valued at GHS 182 million over the period, with an average of 3.06 million traded shares per session. A volume high of 160 million was achieved on March 24th, and a low of 230 on May 31st, for the same period. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.

DateVolumeCloseChangeChange%
2023-06-0217,6431.09
2023-06-0154,5241.09
2023-05-312301.09
2023-05-30173,3501.09+0.01+0.93%
2023-05-2926,0281.08-0.02-1.82%
2023-05-2614,3721.10
2023-05-251,097,2011.10
2023-05-24648,7521.10-0.01-0.90%
2023-05-2327,3001.11-0.02-1.77%
2023-05-221,969,4461.13

Profile of Scancom Plc

Scancom Plc was founded on April 14, 1994 and operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. Scancom contracts an estimated total number of 1,185 employees. The company is led by Selorm Adadevoh as its Chief Executive Officer, since 2018. The company's board of directors, chaired by Ishmael Yamson (80), is composed of eight members whose names are listed below.

  1. Yamson, Ishmael
    Chairman
  2. Adadevoh, Selorm
    Chief Executive Officer
  3. Kadri, Modupe Agbolade
    Chief Financial Officer
  4. Abeasi, Kwasi
    Non-Executive Director
  5. Perumal, Sugentharen
    Non-Executive Director
  6. Mupita, Ralph
    Non-Executive Director
  7. Jakoet, Fatima
    Non-Executive Director
  8. Pomes, Albert Fernandez
    Non-Executive Director

Factsheet of Scancom Plc

Sector
Telecommunications
Industry
Mobile Telecommunications
Address
MTN House, Independence Avenue, West Ridge, Accra, Ghana
Telephone
+233-24-430-0000, +233-24-100-62279

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments

  1. CosmosCosmos
    Mar 28, 2023 22:01 GMT

    Scancom PLC (MTNGH) announces for the information of the general investing public that, the Board of Directors have recommended the payment of a gross final dividend of GHS 0.124 per share in respect of the Company’s financial results for the period to 31st December, 2022.

    The company is also exploring the option for shareholders to choose between cash or share dividends as an alternative and elective form of shareholder return to a cash only dividend, subject to shareholder and regulatory approvals.

    Kindly see below the salient dates regarding the dividend payment:
    Ex-Dividend Date: Wednesday, 17th May 2023
    Qualifying Date: Friday, 19th May 2023
    Dividend Payment Date: Thursday, 22nd June 2023

  2. Enoch NsalimorEnoch Nsalimor
    Feb 28, 2023 12:17 GMT

    Is MTN Ghana still selling its shares as 28/02/2023?

    1. CirilCiril
      Mar 3, 2023 01:31 GMT

      yes they are, they sell shares all year round. Contact a licensed broker to buy eg. IC Securities

  3. CosmosCosmos
    Dec 9, 2022 13:53 GMT

    Please I want to know how often MTN GH pay dividend in a year

    1. InèsInès
      Dec 13, 2022 17:00 GMT

      Twice in a financial year

  4. AbdulAbdul
    Sep 14, 2022 22:02 GMT

    Guys you have been scammed, have anyone contacted any MTN office to enquire about floating of their company's shares? Over to you do proper ground check on this MTN stuff?

    1. EbenEben
      Apr 24, 2023 19:25 GMT

      Stocks are traded on the stock exchange so MTN Ghana as listed on the Ghana Stock Exchange (GSE) has an amount of volume of stock to trade of which they are haven't sold all yet.

      The employees in the various mtn offices may not be privy to this data. If you truly want to verify the these facts, contact the Investor Relations section of MTN.

      Hope this will help you reconsider your stance?

  5. LalaLala
    Aug 24, 2022 19:51 GMT

    I want to buy your shares

  6. AminuAminu
    Aug 5, 2022 17:54 GMT

    Please . Is it possible to transfer my mtn shares to a specific person ? if yes please what is the process

    1. EbenezerEbenezer
      Nov 24, 2022 14:15 GMT

      No, share are only traded through a verified brockerage such as IC Securities,

  7. Samuel Kwamena OwusuSamuel Kwamena Owusu
    Jul 4, 2022 10:50 GMT

    How do I create account to trade shares on MTN

  8. Max Opoku-FofieMax Opoku-Fofie
    Jun 30, 2022 13:00 GMT

    I want to buy shares in MTNgh

  9. FurgusonFurguson
    Jun 16, 2022 22:00 GMT

    What is the current price of mtn shares

    1. Benjamin BensonBenjamin Benson
      Apr 1, 2023 07:19 GMT

      I would like to know more

  10. Beatrice BadiooBeatrice Badioo
    Jun 14, 2022 21:45 GMT

    I will like to know more about it
    And also invest

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