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Stanbic IBTC Holdings 2026 Interim Scrip Dividend Reference Price

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OriginalBy Plus234Feed Newsroom
Stanbic IBTC Holdings 2026 Interim Scrip Dividend Reference Price

Stanbic IBTC Holdings PLC has disclosed a reference price of ₦159.86 per ordinary share for its 2026 Interim Scrip Dividend Programme. The filing sets out the terms under which eligible shareholders may elect to receive their interim dividend in cash or in new ordinary shares.

Stanbic IBTC Holdings PLC filed a press release on 23 October 2026 announcing that the reference price for allotting new ordinary shares under its 2026 Interim Scrip Dividend Programme has been set at ₦159.86 per ordinary share.

The reference price was calculated using the volume-weighted average price of the company's ordinary shares on the Nigerian Exchange Limited over five business days, starting from the date the shares were first quoted ex-dividend.

The interim dividend stands at ₦4.50 per ordinary share, as approved by the Board of Directors and previously announced on 30 September 2026. Shareholders whose names appeared on the Register of Members as at the qualification date of 15 October 2026 are entitled to participate in the programme.

Shareholders who prefer to receive new shares must complete and submit the Scrip Dividend Form of Election to First Registrars and Investor Services Limited no later than the close of business on Friday, 6 November 2026. The allotment of new shares remains subject to regulatory approvals.

Shareholders opting for cash dividends need not take any action. Those with a valid e-dividend mandate will have their accounts credited on the dividend payment date of Friday, 13 November 2026.

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