Nestle Nigeria Plc is well aware of the areas they need to scale up efforts and must immediately devise strategies to do that.
Nestlé S.A has invested a whopping N147.8 million in shares of its Nestlé Nigeria Plc.
Nestlé S.A. has acquired 666,596 additional shares of its Nigerian subsidiary, worth ₦933 million in 17 days.
Nestlé Nigeria Plc has notified the NSE that Nestle S.A. has acquired 214,924 additional units of its ordinary shares, worth N300.89 million.
The Market Capitalization of Nestle Nigeria Plc has crossed a N1 trillion mark.
Nestle Nigeria Plc recorded increased revenues from its two revenue-generating units.
The interim dividend will be paid on or before December 11, 2020 to shareholders whose names appear on the Register as at 7th December 2020.
Nestlé S.A has spent N1.165 billion to buy shares of its Nigerian subsidiary in 22 days over three transactions.
The purchase consideration for the 748,047 additional shares at an average price of N1,174.74 is put at N878.8 million.
Being a market leader is great, but in times of economic despair, it can quickly turn you into prey.