• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Transcorp Group Completes Share Capital Reconstruction

by Leadership News
8 months ago
in Business
Transcorp Group Completes Share Capital Reconstruction
Share on WhatsAppShare on FacebookShare on XTelegram

Transnational Corporation Plc (Transcorp Group), has announced the successful completion of its share reconstruction, a strategic action aimed at maximising long-term shareholders’ value.

Advertisement

In a statement by the company, it said that the share reconstruction involved a consolidation of the total number of issued shares at a ratio of 1 to 4, reducing the total issued and fully paid shares of Transcorp Group from 40.6 billion shares to 10.2 billion shares.

Whilst the number of shares reduced pro rata, the total value of shareholders’ investments remains unchanged with no dilutive impact to shareholders.

Commenting on the share reconstruction, President/GCEO of Transcorp Plc, Owen D. Omogiafo OON, said, “This share reconstruction is in line with the Company’s corporate strategy and growth plan and is aimed at maximising shareholder value.

The reconstruction will bring the company’s capital structure to a manageable position. Transcorp Plc remains committed to driving growth and creating value for its shareholders through strategic actions that align with its business objectives.”

RELATED

Who Is Dr Olayemi Cardoso?

Reps Give CBN 2-week Ultimatum To Remit N3.64trn To Federal Gov’t

7 hours ago
Financial Expert Rallies Stakeholders Against Corporate Fraud

Financial Expert Rallies Stakeholders Against Corporate Fraud

8 hours ago

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Transcorp Group
SendShareTweetShare
Previous Post

BoI, NASSI Partner To Disburse N75bn MSME Intervention Fund

Next Post

Noor Takaful Insurance Records 123% Increase In Profitability

Leadership News

Leadership News

You May Like

Who Is Dr Olayemi Cardoso?
Business

Reps Give CBN 2-week Ultimatum To Remit N3.64trn To Federal Gov’t

2025/06/27
Financial Expert Rallies Stakeholders Against Corporate Fraud
Business

Financial Expert Rallies Stakeholders Against Corporate Fraud

2025/06/27
Nigerians Among 8,000 Entrepreneurs At QNET’s V-Malaysia 2025 Convention
Business

Nigerians Among 8,000 Entrepreneurs At QNET’s V-Malaysia 2025 Convention

2025/06/27
Strategic Visibility Instrumental To Driving Potential Of Top Multinational Brands — Amosun
Business

Strategic Visibility Instrumental To Driving Potential Of Top Multinational Brands — Amosun

2025/06/27
wema bank
Business

World MSME Day: Wema Bank To Disburse N2.5m Grants To 3 SMEs At Lagos Leather Fair

2025/06/27
Stakeholders Meet For National Tomato Policy Conference In Kano
Agriculture

Stakeholders Meet For National Tomato Policy Conference In Kano

2025/06/27
Leadership Conference advertisement

LATEST

NLC Demands 100% Salary As Widowhood Leave Allowance, Others

SDP Crisis: State Chairmen Back Gabam’s Suspension

Sani And Erasing Rhythm Of Toxicity

BRICS Summit: Tinubu Leaves For St Lucia, Brazil Today

Tinubu, Nguema Push For Stronger Nigeria-Gabon Relations

MDCAN, NARD Condemn Casualisation Of Doctors By Hospitals

Ahead 2027: North Central Renews Quest For APC Chairman As Ganduje Resigns

Tinubu’s Intervention Sets Stage For Fubara’s Return

Reps Direct CBN To Remit N3.64trn To FG In 2 Weeks

Poverty, Insecurity May Threaten 2027 Elections, Yiaga Africa Warns

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.