Fidson, a leading pharmaceutical company, recently announced a strategic equity plan to strengthen its market presence in Africa. Following a successful financial performance in 2024, the company declared a dividend of N1.00 per 50 kobo ordinary share, totaling N2.29 billion. This payout, supported by an earnings per share (EPS) of N2.52, underscores Fidson’s unwavering commitment to delivering value to its shareholders.
Shareholders also approved the company’s audited accounts, elected/re-elected directors, and endorsed remuneration packages for key stakeholders in compliance with regulatory guidelines. Emphasizing the importance of accountability, Mr. Yomi Adebanjo, Fidson’s Secretary, highlighted the company’s use of electronic platforms for the Annual General Meeting (AGM) to facilitate shareholder engagement and uphold principles of corporate governance and transparency.
Read more on businessday.ng