Stock Market

Insider Dealing: Nestle S.A Expands Interest in Nestle Nigeria

Published

4 years ago

December 10, 2020

Nestle S.A added 80,448 shares of Nestle Nigeria Plc to its existing holding in the company.

The Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland that doubles as majority shareholder of Nestle Nigeria Plc, purchased additional 80,448 shares at N1,399.93 per share.

The world’s largest food company has been increasing its stake in Nestle Nigeria Plc since the beginning of the year and has so far injected almost N2 billion into the company.

See the details of the latest purchase 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.

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Insider Dealing: Nestle S.A Expands Interest in Nestle Nigeria

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