International Breweries proposes share capital reduction to eliminate N191 billion losses

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International Breweries Plc in Nigeria plans to reduce its share capital to eliminate accumulated losses totaling N191 billion. This restructuring aims to restore distributable reserves and enable future dividend payments to shareholders.

International Breweries Plc has announced plans to restructure its share capital as part of efforts to eliminate accumulated losses of up to N191 billion, restore distributable reserves, and pave the way for future dividend payments to shareholders. The post International Breweries proposes share capital reduction to eliminate N191 billion losses appeared first on Nairametrics.