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With the buyback, Dangote Cement has 17.0 billion shares outstanding, and said it will buy 82.5 million shares over in two tranches.
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With the buyback, Dangote Cement has 17.0 billion shares outstanding, and said it will buy 82.5 million shares over in two tranches.
The transaction occurred in one tranche on the 8th of January, 2021.
Mutual fund contributions amounted to about N0.903 trillion while redemptions amounted to about N0.42 trillion.
NSEASI appreciated by +0.31% to close at 40,590.85 basis points as against +0.17% appreciation recorded previously
The new appointments, which is in line with the demutualisation plan of the Exchange, are still subject to the approval of the Securities and...
The final dividend of 6.5 Kobo per share will be paid for all the outstanding 1,899,157,107 ordinary shares of the company.
Some of the companies that posted the most positive return for the year include Equity Assurance Plc at 400%, Neimeth International Pharmaceuticals 260% and...
The launch of the X-PO platform reinforces the Exchange’s commitment to revolutionize stakeholders’ experience in the Nigerian capital market, leveraging technology.
Last week, the Nigerian Stock Exchange All-Share Index (NSE-ASI) rose by 7.46% with a gain of 37.12% year-to-date to close at 36,804.75.
This puts the total consideration for the shares purchased by the parent company at N147,796,600.00