Why Should Corporate Businesses Focus on Sustainability?
11/08/2023
No Comments
For all businesses in all sectors, paying attention to environmental, social, and governance (ESG) challenges is becoming increasingly …
C & I Leasing Plc has proposed a bonus issue of 2 for three ordinary shares to shareholders, reflecting its strong financial position and commitment to rewarding shareholders. This generous bonus issue will enhance the company’s liquidity and attract new investors.
The bonus issue will involve issuing two new ordinary shares for every three shares held by shareholders at the close of business on Thursday, 4 January 2024. The new shares will be credited to shareholders’ accounts and are expected to commence trading on the Nigerian Stock Exchange (NSE) on Monday, 8 January 2024.
Commenting on the proposed bonus issue, C & I Leasing Plc’s Managing Director, Mr. Charles Onyema, stated, “The proposed bonus issue is a testament to the company’s strong financial position and commitment to rewarding our loyal shareholders. We believe that this bonus issue will enhance the liquidity of our shares and attract new investors, further strengthening our presence on the NSE.”
C & I Leasing Plc’s proposed bonus issue is a positive development for the company and its shareholders. The bonus issue will increase the number of shares in circulation, likely leading to increased trading volume and improved liquidity. This could attract new investors and boost the company’s share price.
The bonus issue is also a sign of the company’s financial strength. C & I Leasing Plc has a strong track record of profitability and is well-positioned for future growth. The company’s decision to issue a bonus demonstrates its confidence in generating strong shareholder returns.
C & I Leasing Plc’s proposed bonus issue is a welcome development for shareholders and the wider Nigerian stock market. The bonus issue is expected to enhance liquidity, attract new investors, and strengthen the company’s position on the NSE.
For all businesses in all sectors, paying attention to environmental, social, and governance (ESG) challenges is becoming increasingly …
As we approach 2023, it’s important to stay up to date on the latest trends and developments in the business world. According to recent statistics, there …
The way technological solutions are operated in the cloud is different. It is more about developing and implementing business rules than it is about technological …
What advantages do social media platforms offer to businesses? Think about the fact that there are already more than 4.2 billion active social media users …
A new year is around the corner, and it is high time we bid goodbye not only to old habits but also to old trends which become outdated and …
Organisations are stepping up their efforts to promote their workforce’s welfare and mental health. Employers frequently see an employee’s …
According to the Federal Reserve’s Beige Book released Wednesday, the U.S. economy showed signs of slowing down in recent weeks, with …
BlackCat, a notorious ransomware group, has claimed responsibility for a cyberattack on Fidelity National Financial, a leading financial services technology …
In a significant step towards achieving its ambitious sustainability goals, Google has announced the successful operation of its first geothermal …
U.S. stocks rallied on Wednesday, with the Dow Jones Industrial Average surging nearly 200 points as markets headed into the Thanksgiving …
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you