Sterling cuts bloated share count by 90%, resets price to N77

NAIRAMETRICS | 11-10-2026 01:02pm |

Sterling Financial Holdings Company Plc has completed a 1-for-10 share reconstruction, reducing its number of shares outstanding by 90%. The quoted share price has been reset to N77 from N7.70 as a result of the reconstruction. The company announced the completion of the share reconstruction, which adjusts the share count and price accordingly. This move is expected to impact the company's market capitalization and trading dynamics.

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