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Home Industries Company News

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

Nairametrics by Nairametrics
June 20, 2013
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

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