The shares of NB Plc were admitted to trading on the floor of The Nigerian Stock Exchange on 5th September, 1973. Currently, NB Plc is one of the topmost companies on The Nigerian Stock Exchange by market capitalization.
With about 111,121 shareholders as at 31st March, 2019, the authorised share capital of NB Plc is N5billion, divided into 10 billion shares of 50kobo each.
The issued share capital as at 31st March, 2019 stood at N3,998,451,025.50 divided into 7,996,902,051 ordinary shares of 50 kobo each. As at 31st March, 2019, Heineken N.V has a majority shareholding of approximately 55.95% while approximately 44.05% is held by Nigerian and foreign individuals and associations.
The Directors recommended to Shareholders at the 73rd Annual General Meeting (AGM) held on the 17th of May 2019, the declaration of a total dividend of ₦19,401,169,121 (Nineteen Billion, Four Hundred and One Million, One Hundred and Sixty Nine Thousand, One Hundred and Twenty One Naira only), that is, ₦2.43 (Two Naira Forty Three Kobo only) per ordinary share of fifty kobo each.
The Company had earlier paid an interim dividend of ₦ 4,798,141,231 (Four billion, seven hundred and ninety eight million, one hundred and forty one thousand and two hundred and thirty -one naira only) that is, 60 (sixty) kobo only. Thus, the final dividend will be ₦14,603,027,891 (Fourteen Billion, Six Hundred and Three Million, and Twenty Seven Thousand, Eight Hundred and Ninety One naira only) that is, ₦1.83 per share.
The proposed final dividend was approved by the Shareholders. The dividend paid was subjected to deduction of withholding tax at the appropriate rate and the dividend was paid on the 20th of May, 2019, to all Shareholders whose names appeared on the Company’s Register of Members at the close of business on the 6th of March, 2019.
Webcast & Presentation- Conference Call on Full Year Performance (2018)
- 2018 Financial Markets Forum
- Investors Conference Call/Webcast on Full Year Performance (2017)
The increase in Net Revenue recorded in the First Quarter of 2019 compared to the corresponding Quarter in 2018, was offset by higher Excise Duty rates which came into effect in June 2018.