UBN to Delist Shares from Nigerian Stock Market

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UBN to Delist Shares from Nigerian Stock Market
UBN,Nigerian Stock Market,Delist

UBN, one of the oldest listed companies on the Nigerian Exchange, is finalising arrangements to delist its shares from the stock market, reducing the market's capitalisation by N224.23 billion.

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UBN, one of the oldest listed companies on the Nigerian Exchange, is finalising arrangements to delist its shares from the stock market, reducing the market's capitalisation by N224.23 billion. The bank, listed in January 1970, has been an active stock in the influential banking sub-sector.

Shareholders will be paid a final price of N7.70 per share, valuing the bank at N224.23 billion.

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