Fidson Healthcare sets to pay shareholders over N1 billion in dividends and also issue them one new share for every 10 they own in the company.
According to Fidson, this step is said to represent the planned compensation for holders of its common stock for the financial year 2021.
Fidson will have doled out 208.6 million new shares when the settlement of the bonus issue is done and dusted.
Surprisingly, Fidson’s share price fell by 2.4 percent in Lagos following the news.
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