How to buy Limuru Tea Company shares online

How to buy Limuru Tea Company shares online

By Nairobi Stocks Review

Limuru Tea Company is in the tea growing business. It operates hundreds of acres of tea farms just outside Limuru town. Limuru Tea is a publicly traded company listed on the Nairobi Securities Exchange. As a prospective investor, you might want to know how to buy Limuru Tea Company shares online. You might also be interested in knowing who owns Limuru Tea company.

As a shareholder in a company, you can have a say in how the company is run. For example, you can participate in choosing board members who make major decisions in the company. You may also earn dividends as a shareholder.  

Who owns Limuru Tea Company?

The company started in 1890s. There are a variety of teas but the company primarily grows green leaf tea. Unilever Tea Kenya is the largest shareholder in Limuru Tea Company.  

Where and how to buy Limuru Tea Company shares

Limuru Tea Company stock is listed on the Nairobi Securities Exchange and trade under “LIMT” ticker symbol. To be able to buy the stock, you will need to have a CDS account. (Read How to open a stock trading CDS account in Kenya).

Once you open the stock trading account, you can proceed to buy Limuru Tea Company shares. You will need to decide the amount of shares you want to purchase and place your order. Bear in mind that the minimum number of shares you can buy is 100 shares.  

How to buy Limuru Tea Company shares online

You may be able to buy and sell Limuru Tea Company shares online depending on the stockbroker you choose.

Stockbrokers in Kenya that support online trading are Kingdom Securities, Faida Investment, Old Mutual Securities and Kestrel Capital. The other online stockbrokers in Kenya are Dyer and Blair, KCB Capital, SBG Securities, Suntra Investment, Sterling Capital and Genghis Capital (Read How to choose the best stockbroker for beginners). 

How to buy Limuru Tea Company shares online with Bonga Points

If you are a Safaricom subscriber, you can use your accumulated Bonga Points to invest in the stocks of NSE-listed companies such as Limuru Tea. When buying shares, five Bonga Points are worth Ksh1. Here is the process:

  • Go to MySafaricom app or dial *126# on your phone
  • Choose Lipa Na Bonga
  • Enter your stockbroker’s Paybill number (You can obtain this from the broker’s website)
  • Enter your CDS account number

You can buy shares with Bonga Points if you have a CDS account with Dyer & Blair, Old Mutual Securities, Faida Investment, Suntra Investments, Kingdom Securities and ABC Capital. The other stockbrokers that support stock purchase with Bonga Points are NCBA Capital, Francis Drummond and AIB-AXYS.

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