Jumia Co-CEO Jeremy Hodara Buys 50K Shares

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  • Pan-African e-commerce platform Jumia Technologies AG JMIA announced that co-CEO Jeremy Hodara bought 50,000 Jumia ADS on the open market at the prevailing market price. 
  • Hodara used personal funds for the purchase and completed it on September 13.
  • The shares were worth $0.98 million based on the September 13 closing price of $19.66.
  • Price Action: JMIA shares traded higher by 3.51% at $20.35 in the premarket session on the last check Tuesday.
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