With an additional listing of 145,075,002 units shares arising from 2021 scrip dividend election scheme, Nigerian Breweries Plc has crossed N450 billion in in market capitalisation.
The company had proposed for shareholders’ approval, the Share for Cash Dividend Election Scheme; a scheme that will allow shareholders to convert final cash dividends to new ordinary shares. “The additional shares listed on NGX arose from Nigerian Breweries’ Scrip Dividend Election Scheme. With this listing of the additional 145,074,002 ordinary shares, the total issued and fully paid up shares of Nigerian Breweries Plc has now increased from 8,075,831,900 to 8,220,905,902 ordinary shares of 50 kobo each.”
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
E-visa For Nigerians On Arrival To Turkey Challenge Temporary, Says Business Council Chair – THISDAYLIVEThey're collaborating being in the OIC. Barka da Sallah,in this festive period,u can gift someone around you living with Diabetes 10 litres of my Diabetes Herbal mixture with just little money,they will appreciate it more,because u give the person life again,u can ask for the test results of those u have used it,try it
Source: THISDAY LIVE - 🏆 14. / 51 Read more »