African Stock Exchanges

MTNGH - MTN Ghana

Twitter · Facebook
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 #1 most valuable stock on the GSE with a market capitalization of GHS 29.1 billion, which is about 31.8% of the entire Ghana Stock Exchange equity market.

MTNGH2.20 ▴ 0.10 (4.76%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume20.7M
Number of Deals
Gross Turnover45.6M
Growth & Valuation
Earnings Per Share0.3363
Price/Earning Ratio6.54
Dividend Per Share0.2250
Dividend Yield10.2%
Shares Outstanding13.2B
Market Capitalization29.1B
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

MTNGH Stock Market Performance

1WK4WK3MO
+9.45%+22.2%+37.5%
6MO1YRYTD
+57.1%+61.8%+57.1%

The current share price of MTN Ghana (MTNGH) is GHS 2.20. MTNGH closed its last trading day (Friday, July 19, 2024) at 2.20 GHS per share on the Ghana Stock Exchange (GSE), recording a 4.8% gain over its previous closing price of 2.10 GHS. MTN began the year with a share price of 1.40 GHS and has since gained 57.1% on that price valuation, ranking it fourth on the GSE in terms of year-to-date performance. Shareholders can be optimistic about MTNGH knowing the stock has accrued 22% over the past four-week period alone—third best on GSE.

MTN Ghana is the #1 most traded stock on the Ghana Stock Exchange over the past three months (Apr 22 - Jul 19, 2024). MTNGH has traded a total volume of 327 million shares valued at GHS 515 million over the period, with an average of 5.19 million traded shares per session. A volume high of 191 million was achieved on May 13th for the same period. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.

DateVolumeCloseChangeChange%
2024-07-1920,741,0302.20+0.10+4.76%
2024-07-1817,7962.10
2024-07-17751,1052.10+0.09+4.48%
2024-07-164,3692.01
2024-07-153,0752.01
2024-07-12213,8602.01+0.10+5.24%
2024-07-118,3091.91
2024-07-10394,9301.91+0.01+0.58%
2024-07-0867,9671.90
2024-07-057,285,8331.90

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 (81), 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. Theophilus Sackey AnamanTheophilus Sackey Anaman
    Jun 6, 2024 17:30 GMT

    I want to buy some shares, any legit broker available?

    1. ElvisElvis
      Jul 19, 2024 18:13 GMT

      Please kindly reach me I can assist you.
      0593820958.

  2. Tawiah FranciscaTawiah Francisca
    May 21, 2024 22:20 GMT

    I want to buy shares from MTN

  3. WISEMANWISEMAN
    Apr 23, 2024 21:36 GMT

    INVEST YOUR LIFE SAVINGS IN MTN. THE COMPANY PAYS DIVIDENDS TWICE A YEAR AND IS VERY PROFITABLE WITH MASSIVE REVENUES.
    THE ONLY THREAT TO THE COMPANY IS THE GOVERNMENT OF GHANA.

    1. BieBie
      Jun 3, 2024 16:42 GMT

      How can you purchase perpetual shares on mtn? The only stocks I find available are once that mature/ expire after a time.

  4. PrincePrince
    Apr 7, 2024 10:59 GMT

    Are dividends on shares paid annually or monthly?

  5. Moro MusiliyatuMoro Musiliyatu
    Feb 29, 2024 10:29 GMT

    How can I start trading on ic

    1. SelormSelorm
      Mar 21, 2024 15:48 GMT

      Use Blackstar Advisors to buy share

  6. yaayaa
    Jan 29, 2024 22:54 GMT

    What is the interest rate for your shares

  7. Sedem MorheSedem Morhe
    Jan 13, 2024 09:29 GMT

    I want to buy shares

  8. SolomonSolomon
    Dec 23, 2023 15:09 GMT

    How many days does it take to be credited if you trade your shares!

    A trade has occurred on your order:
    Type: Sell
    Equity: GSE.MTNGH
    Price: 1.4
    Status: Fully Executed

    1. kuytfgkuytfg
      Jan 10, 2024 14:53 GMT

      3 business days

  9. Hadassah OgbordjorHadassah Ogbordjor
    Nov 3, 2023 07:58 GMT

    Hi MTN GH please can u get me a broker

    1. KofiKofi
      Nov 22, 2023 00:50 GMT

      Contact databank.

  10. 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

NOTE: You are replying to 's comment. [Cancel]