MTN Nigeria Communications Plc has notified he Nigerian Exchange and the investing public that its shareholders at the Extraordinary General Meeting have approved the cancellation of 7.5 billion unissued shares.
The shareholders of the telecom giant also approved the cancellation of over 402 million preference shares of $0.005 each.
Source: MTN Nigeria to cancel 7.5bn uninssued shares – StocksWatch (stocksng.com)
Nigerian stock market on Monday plunged by 0.50% as 41 stocks led by Linkage Assurance shed weight The All Share Index closed at 148,781.90 points from the previous close of 149,524.81 points. The Market Capitalisation declined by 0.50% to close at N94.526 trillion from the previous close of N94.998 trillion, thereby shedding N472 trillion. An aggregate of […]
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