VFD attributes share price drop to adjustment for bonus, dividend

VFD Group Plc has clarified that the recent markdown in shares is a technical adjustment due to the dilution effect caused by the 5-for-1 bonus share offer and the 2025 dividend declaration.

Anthony

Latest news today on NGX

VFD attributes share price drop to adjustment for bonus, dividend

Easter sell pressure wipes N207 billion off NGX

CBN, NGX showcase reform drive at Nasdaq, seeks to rebuild investor confidence

NGX rebounds as capitalisation rises by N240b amid gains in NB, others

NGX dips by N22 billion amid losses in Nestle, 23 stocks

Investors on edge as NGX loses N440b to economic uncertainty in one week

Oil index loses 10.4% YTD despite N386.7 billion profit

NGX repositions to attract private capital

NGX reverses gains as capitalisation dips by N119 billion

Equities rebound with N100b gain despite global tariff jitters

Fears of global recession hit stock markets as Nigerian bourse lose N600b

DMO opens subscriptions for two savings bonds

NGX loses N110b to rising global risk in one week despite strong earnings

NGX delists Capital Oil, others over non-compliance

NGX resumes April with N91b loss

Shareholders seek urgent actions to halt voluntary delisting from NGX

NGX, African exchanges seek regulatory reforms, digital innovation

WEMA Bank N1 dividend excites shareholders, records 140% profit surge

Zenith Bank maintains impressive track record as PBT hits N1.3 trillion, proposes N4.00 final dividend

Oyo/Osun Customs revenue rises 14% to N65.6bn

Experts list rudiments of desirable Journalism to build Nigeria

2027: Odidiomo recounts seven-year stewardship, seeks support for Senate bid

Olubadan elevates APC's Alli, three others in Balogun chieftaincy line

The News You Need, Delivered To You.