Vitafoam announces bonus shares, proposes N3 dividend

Vitafoam Nigeria Plc has announced a 1-for-5 bonus share issue alongside a proposed dividend of N3.00 per share ahead of its 64th Annual General Meeting scheduled for March 5, 2026, in Lagos. The proposed bonus issue, which will be presented to shareholders for approval, involves the capitalisation of N125.08 million from retained earnings to create […]