In a notable development for investors, Seplat Nigeria PLC’s share price has surpassed the N4000 mark for the first time, following the company’s announcement of its interim dividends for the second quarter of 2024. This milestone underscores a significant gain of approximately 9% observed in the early trading hours on Thursday.
Preliminary data reveals that Seplat’s share price opened at N3,682.90 this morning. However, by mid-day, the stock was trading at N4,030, reflecting a robust upward trajectory. This achievement not only highlights the company’s strong financial performance but also signals increased investor confidence. The rise in share price demonstrates the positive market reception of Seplat’s financial strategies and dividend declarations, positioning the company as a notable player in the Nigerian stock market.