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Nairametrics
Home Companies Company News

Why AIICO reduced its number of outstanding shares

Nairametrics by Nairametrics
April 6, 2015
in Company News
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A total of 1,870,000,000 ordinary shares belonging to AIICO Insurance Plc were cancelled as a result of the Internal Corporate Restructuring/Consolidation of AIICO Insurance Plc, AIICO General Insurance Company Limited and AIICO Asset Management Company Limited bringing the issued and fully paid ordinary shares of the Company to 6,930,204,480.

 

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