NAHCO Plc shares record over 40% returns to shareholders in one month

In a month, the share price of aviation company, NAHCO Plc, appreciated by 42.50% to close at N5.70 per share, taking the market capitalization to N9.26 billion.


The growth in share prices which was recorded by the company can be attributed to the impressive Audited financial performance declared recently for the period ended, December 31, 2021.

In addition, the company’s shares improved on the back of investors’ dividends and bonus issue anticipation, as announced earlier this month.

Hence, the rally in the shares of the company resulted in a gain of N2.76 billion in market capitalization at the close of trading activities on Nigeria’s stock exchange.

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