Shareholders and market observers are turning their attention to Zenith Bank Plc as the financial powerhouse gears up for its upcoming Board of Directors meeting on July 29.
- +Zenith Bank: Interim dividend in focus as Board meets July 29
Chief among the items on the agenda is the consideration of an interim dividend for the first half (H1) of the year, a move that has already triggered the bank’s official closed trading period in line with Nigerian Exchange Limited (NGX) regulations.
Chief among the items on the agenda is the consideration of an interim dividend for the first half (H1) of the year, a move that has already triggered the bank’s official closed trading period in line with Nigerian Exchange Limited (NGX) regulations.
The proposed interim dividend and the group’s audited financial statements for the half year ended June 30 will be considered by the Board of Directors of the bank during their meeting on Wednesday, July 29.
In line with the amended closed period rules of NGX for listed companies, Zenith Bank Plc has declared the commencement of closed period for trading in the bank’s shares from July 1, 2026 in respect of the Audited Financial Statements for the half year ended June 30, 2026.
As at 1.58 pm on Tuesday, Zenith Bank share price moderated to N110.45 per share from preceding day’s N113.5. The bank’s stock had risen to a 52-week high of N136.9 as against a 52-week low of N53.7.
“The closed period will run until 24 hours after the Audited accounts is released to the public”, Zenith Bank said in a recent notice at the Nigerian Exchange Limited (NGX).
“Accordingly, no insider of the bank and their connected persons may directly or indirectly deal in the shares of the bank in any manner during the closed period,” the bank said.
