Home Procurement NewsMTN shareholders approve 7.5 billion shares cancellation

MTN shareholders approve 7.5 billion shares cancellation

December 20, 2022•

In a bid to beat the December deadline, the shareholders of MTN Nigeria Plc have approved the cancellation of 7.5 billion unissued shares, the company has disclosed. In a public disclosure on the Nigerian Exchange Limited on Monday, the telecoms company’s shareholders also approved the cancellation of over 402 million preference shares of $0.005 each.

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