Download - PZ Cussons Nigeria Plc

th
68
ANNUAL GENERAL
MEETING
October 6th, 2016
Held on the 6th October,
2016 at Transcorp Hilton,
Abuja
68th ANNUAL GENERAL MEETING HELD
ON THURSDAY, 6th OCTOBER 2016
•
PZ Cussons Nigeria Plc at the 68th Annual
General Meeting held at Transcorp Hilton Hotel, Abuja last week approved
Shareholders of
N1.99 billion dividend for the 2016 financial year. This translated to 50 kobo per
share.
•
In his statement at the Annual General meeting, Chairman of the company, Chief
Kola Jamodu, CFR, explained that ‘the dividend pay-out was a result of the
company’s strategic initiatives aimed at increasing shareholder value and
sustaining growth’. He stated that despite the challenging environment, the
company remains optimistic that the flexible exchange rate introduced by
Federal monetary authorities will result in improved prospect in the years ahead.
He stated further “We regard current economic challenges as transitory and we
remain excited about the future of the company”.
•
The shareholders unanimously commended the board for the performance and
declaration of dividend amid the current economic uncertainties. They however,
urged the company to surpass the current record in subsequent financial years.
Some Board members
Introductions
Greetings
Board members with Shareholders / Staff
Board members with Chairman, Audit Committee
CEO with Members of the Audit Committee
Voting begins
Shareholders @the Venue
Question /Comments
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