The board of directors of UAC of Nigeria Plc at the company’s Annual General Meeting (AGM) held on June 20 in Lagos got the approval of shareholders to pay a dividend of 22 kobo per ordinary share of 50 kobo.
The approved dividend will be paid to all shareholders whose names appear in the company’s register of members as of June 6, 2024, subject to appropriate withholding tax.
In respect of the 2023 financial year, the chairman of the Board of Directors laid the audited financial statements together with the report of the directors, auditors and the audit committee for the year ended December 31, 2023 before the shareholders.
The shareholders adopted the financial statement and the reports of the directors, auditors and the audit committee.
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Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
