The Chairman of Access Bank Plc Josephine Awosika has purchased 7.109 million new shares in the bank, according to a filing on the Nigerian Stock Exchange.
Awosika bought the shares on April 6th at an average price of N8.15 per share for a total consideration of N57.9 million.
Awosika an insider may be purchasing shares to take advantage of upcoming dividend distributions by the bank.
Access Bank issued a final dividend of 55k per share for 2020.