Why GTBank won’t issue bonus shares to shareholders – Agbaje: Group Managing Director of Guaranty Trust Bank (GTBank) Plc, Mr Segun Agbaje, has hinted that the company has no intention to declare bonus shares to shareholders.
Speaking at the lender’s Annual General Meeting (AGM) last week in Lagos, Mr Agbaje explained that this is to prevent over bloating of GTBank shares.
Recall that the bank currently trades its shares on the Nigerian Stock Exchange (NSE) and has a total shares outstanding of 29.4 billion. The company’s stock closed last week on the local bourse at N34.80k per unit, making it have a market capitalisation of over N1 trillion.
At the AGM, the bank chief in place of the bonus shares, the financial institution will continue to offer shareholders impressive dividend.
He said in addition, the lender will continue to invest in empowering small businesses and promoting enterprise.
According to him, the bank will continue to support its communities, large and small by creatively expanding certain flagship Corporate Responsibility programmes such as the GTBank Food and Drink Fair and GTBank Fashion Weekend.
During the meeting, one of the shareholders, Mr Sunny Nwosu, who is the leader of Independent Shareholders Association of Nigeria (ISAN), appealed to the bank to improve its dividend payouts in the years ahead.
However, he commended GTBank for sustaining profit and dividend payment in spite of challenging economy.
According to him, the bank has shown resilience with enhanced profit and sustainable dividend in the 2018 financial year.
Another shareholder, Mr Nona Awoh, urged the bank to map out strategies aimed at reducing its unclaimed dividend figure which stood at N18.23 billion during the period under review.
He said the bank must liaise with its registrars and Investors Relations Officer to bring down the figure.
At the AGM, shareholders of the company approved the payment of a total dividend of N2.75 per share for 2018 fiscal year, comprising a final dividend of N2.45 per unit of ordinary share held by shareholders in addition to the interim dividend of 30 kobo interim dividend earlier paid in June 2018.
*GOOD DAY MA/SIR*
Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration
LAVITA PACKAGES
₦10,000——–₦20,000❌❌❌
₦20,000——–₦40,000
₦40,000——–₦80,000
₦50,000——–₦100,000
₦100,000——₦200,000
₦200,000——₦400,000
₦400,000——₦800,000
₦800,000——₦1,600,000
₦1,000,000—₦2,000,000
NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
CONTACT NAME:- ELIZABETH TINA
HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
https://api.whatsapp.com/send?phone=2349036369810&text=Am_in_interested_in_lavita_ricca_investment_how_do_i_register
Note:you get credited in less than 45mins.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. ? ? ?
NEWAGE ? INVESTMENT*
*NO MORE EXCUSES*
?????????
????????
1. I don’t have money
2. I can’t meet up with others
3. I can’t cope with my bills
4. I can’t improve on neccesary areas
????????
Your excuses may be legit but they won’t improve your Life.
•NEWAGE ? INVESTMENT is Fully Registered with with GNI. with RC NO 563855 (For those Who Think GNI Insurance is Not Registered)* *for more explanation Watsapp Administrator Management On *(+2349013135413)*
*NEWAGE INVESTMENT ? is a platform network that deal with investing of money just within 40-45 minutes you will get back your money double*
*NEWAGE INVESTMENT ? PACKAGE’S
*N5,000 =N10,000*?
*N10,000=N20,000*?
*N20,000=N40,000*?
*N30,000=N60,000*?
*N40,000=N80,000*?
*N50,000=N100,000*?
*N100,000=N200,000*?
*N200,000=N400,000*?
I know you are skeptical about this because of the negative experience a lot of issues as regards scamming in the global world.
I assure you 101%that you won’t lose your money this is because I know the risk of this profit oriented business and I know how to avoid them using my trading skills and signals to make only wins and no losses.
Are u a worker?
Are u a student looking for your school fees?
Are u a woman looking for money to pay your children school fees?
Are u jobless and u need where u can make source of income?
NEWAGE ? INVESTMENT is here for you! With a little amount u can earn and make more more source of income……g