Shareholders of Geregu Power Plc is expected to reap cumulative dividend payment of N20billion at N8:00 per share as returns on their investment in the company for the year ended December 31, 2022.
Hence, the company said, it remains committed to expand its operation capacity towards maximising shareholders’ wealth.
The chairman, Board of Directors, Femi Otedola, stated this during the Closing Gong ceremony and commemoration of its first annual general meeting (AGM) as a listed company which held yesterday in Lagos.
Whilst expressing delight at the company’s first year anniversary as a listed company, Otedola stated that, for companies to sustain wealth, there is every need to list on the stock exchange.