Access Holdings Drops Hints on Earnings, Interim Dividend
Investors have started taking positions as Access Holdings Plc announced its board of directors has now approved audited financial statements for the first half of 2025 at a meeting held on June 30.
In a regulatory disclosure, Nigeria’s largest financial institution by total assets told the Nigerian Exchange its board also approved payment of an interim dividend. But it quickly added that the half-year dividend payment is subject to the approval of the Central Bank of Nigeria.
The financial services company said it will announce the results once approval is received from the CBN. In line with the Exchange’s Rules, the Company will maintain a Closed Period in respect of dealings on its securities until twenty-four (24) hours after the Results are released to the public,” Access said in its note.
In the stock market, Access Holdings shares have caught investors’ attention with about a 2% price uptick during the early trading session on the Nigerian Exchange.
At N28.4 per share, the company’ share price has inched higher near its highest valuation in the last 12 months with a significant volume of about 5.8 million valued at N164 million during the midday trading session. #Access Plc Rally as Board Drops Hint on Earnings, Interim Dividend FirstHoldCo: Strong Top-Line Growth, But Profitability Tells a Cautionary Tale
