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Honeywell share price appreciates by 20.65% in two days following acquisition by Flour Mills
Chidinma Anyalewechi by Chidinma Anyalewechi November 24, 2021
Honeywell Flour Mills investors gain N20.7 billion in August 2021

Since the announcement of Flour Mill’s Honeywell shares acquisition, the share price of Honeywell Plc has appreciated by 20.65% from N3.39 to N4.09.

At the end of today’s trading session, Honeywell Flour Mills Plc recorded a gain of 9.95%, which can be attributed to buy-interests in the shares of the company inducing a gain of N2.93 billion in market capitalization at the close of trading activities on the stock exchange market.

The shares of the FMCG advanced from N3.72 per share at the start of trading day, to N4.09 per share representing an increase of 9.95% which in monetary terms is N0.37.
https://nairametrics.com/2021/11/23/honeywell-share-price-appreciates-by-20-65-in-two-days-following-announcement-over-acquisition/