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Home Industries Company News

Your Portfolio: Shareholders Approves FCMB Bonus Issue Of 762Million Shares

Ugodre Obi-chukwubyUgodre Obi-chukwu
10 years ago
in Company News
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fcmb
The shareholders of First City Monument Bank have endorsed the script issue (dividend) recommended by the bank directors. The unanimous endorsement came at the bank’s 30th annual general meeting held in Lagos yesterday.
The shareholders approved N380.822 million which is capitalized from the share premium account into 761,643,920 ordinary shares of 50 kobo each and appropriated to the members whose names appear in the registrar at the close of business on Tuesday June 4, 2013 in proposition of one new share for every 25 shares.

Shareholders endorse FCMB 762m shares

Tags: fcmbNews Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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