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.