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Flour Mills Disclosed Another 200,000 Shares Purchased by Excelsior

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flour mills posts 184% increase in PAT

Flour Mills Disclosed 200,000 Shares Purchased by Insider

In line with the Nigerian Stock Exchange policy, Flour Mills has disclosed that a substantial shareholder, Excelsior Shipping Limited, purchased another 200,000 shares of the company.

In a statement signed by Umolu Joseph, Company Secretary and Legal Services, and released through the Nigerian Stock Exchange, Excelsior purchased the 200,000 units at N21 per share on June 22, 2020 at the Nigerian Stock Exchange in Lagos.

This was in addition to the 1,229,764 shares purchased by the same insider last week. Therefore, bringing the total purchase in the last two weeks to 1,429,764 shares.

Flour mills

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20 years of experience in global financial markets. Olukoya is a published contributor to Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, InvestorPlace, and other leading financial platforms. He is widely recognized for his in-depth market analysis, macroeconomic insights, and commitment to financial literacy across emerging economies.

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