Agra's first dividend payment
The Agra Limited board of directors announced the approval of Agra's first dividend payment. The dividend amount will be determined with the finalisation of the company's financial statements at the end of October 2017. The date of payment will be determined at the Agra AGM, which is scheduled for 8 December 2017.
Agra Limited shares became transferrable in February 2013 with the conversion of Agra from a co-operative to a public company. Since then, almost 20 million Agra shares have been traded.
Shares are actively traded via an over-the-counter (OTC) market service, administered by the Namibian Stock Exchange. According to the latest OTC Market report, this year almost two million shares have been traded for a total of N$2 878 855, averaging a price of N$1.46 per share.
“This dividend payment announcement marks another significant milestone for Agra,” said Arnold Klein, the company CEO. “Our strategic focus and core business remains our service to the agricultural industry, our objective being to reach a point where Agra's value and achievements are reflected in our share price. I want the current shareholders of Agra, who are mainly the agricultural producers of Namibia, to enjoy the benefits of a growing Agra and a growing share price,” said Arnold.
Transfer Secretaries (Pty) Limited, its agent, will correspond with all shareholders to obtain the banking details as payments will be made electronically. Transfer Secretaries can also be contacted at +264 61 22647 or [email protected]
STAFF REPORTER
Agra Limited shares became transferrable in February 2013 with the conversion of Agra from a co-operative to a public company. Since then, almost 20 million Agra shares have been traded.
Shares are actively traded via an over-the-counter (OTC) market service, administered by the Namibian Stock Exchange. According to the latest OTC Market report, this year almost two million shares have been traded for a total of N$2 878 855, averaging a price of N$1.46 per share.
“This dividend payment announcement marks another significant milestone for Agra,” said Arnold Klein, the company CEO. “Our strategic focus and core business remains our service to the agricultural industry, our objective being to reach a point where Agra's value and achievements are reflected in our share price. I want the current shareholders of Agra, who are mainly the agricultural producers of Namibia, to enjoy the benefits of a growing Agra and a growing share price,” said Arnold.
Transfer Secretaries (Pty) Limited, its agent, will correspond with all shareholders to obtain the banking details as payments will be made electronically. Transfer Secretaries can also be contacted at +264 61 22647 or [email protected]
STAFF REPORTER
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