Stock Market

Nestle S.A. Increases Stake in Nestle Nigeria Plc

Published

4 years ago

November 13, 2020

Samed Olukoya

Nestle S.A. Purchased Additional Stake in Nestle Nigeria Plc

Nestle S.A., a majority shareholder in Nestle Nigeria, has once again increased its stake in Nestle Nigeria Plc.

In a statement signed by Bode Ayeku, Company Secretary, Nestle Nigeria Plc, and released through the Nigerian Stock Exchange (NSE), Nestle S.A Plc purchased additional shares of 229,697 in Nestle Nigeria Plc on November 9th, 2020 in Lagos, Nigeria.

Nestle S.A. bought the 229,697 shares at N1,249.65 per unit share. Bringing total investment to N287.041 million. See the details below.

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Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Investors King

Nestle S.A. Increases Stake in Nestle Nigeria Plc

Nestle S.A. Purchased Additional Stake in Nestle Nigeria Plc

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