Puma Energy’s share price declined by 37% in the first quarter of 2026, according to the Securities and Exchange Commission (SEC) report. The company’s share price opened the quarter at K2.5 and closed at K1.8, marking a significant drop that has raised concerns among market analysts and investors. Brokers attribute the sharp decline to a combination of intensified market competition and Puma’s prolonged period without dividend declarations. A trader from a leading brokerage firm, who spoke on condition of anonymity to Zambian Business Times (ZBT), explained, “Puma has not been performing well and hasn’t declared any dividends in a long...
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