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May & Baker Board of Directors to consider Dividend at its meeting

Saturday, 19 March 2022, 9:17 am
in Markets, Stocks/Equities
0
May & Baker Board of Directors to consider Dividend at its meeting
Share Share Share Share Send as Email

May & Baker Plc (NGX: MAYBAKER) has notified the Nigerian Exchange Limited (NGX) and its investing public that its Board of Directors will meet on 24 March 2022.

Amongst the items on the agenda is the consideration and approval of the full year Audited Financial Statements of the Company for the year ended 31 December 2021 and issues around dividend.

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The press release by the company reiterated that the closed period to prevent Insiders who have regular access to MAYBAKER’s financial information from trading in the shares of the Company has been in the force from Saturday, 1st January 2022.

The closed period will be lifted 24 hours after the accounts are submitted to the Exchange following the board meeting.

About the Company

May & Baker Nigeria Plc. was incorporated as a private limited liability company in Nigeria on September 4, 1944 and commenced business on the same date.  It was listed on the Nigerian stock exchange in 1994.

The company is involved in the manufacture, sale and distribution of human pharmaceuticals, human vaccines and consumer products. Registered business address is 3/5 Sapara street, Industrial Estate, Ikeja, Lagos, Nigeria.

May & Baker have 1,725,234,886 outstanding shares and a market capitalization of N7.76 billion.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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