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IN BRIEF: NIOX declares special dividend and says more payouts to come

7th Jun 2023 13:47

NIOX Group PLC - Oxford-based developer of medical devices for asthma diagnosis and management - Believes that cash generation and resources of the group are now at a level where a dividend payment is possible. The company says that a special dividend of 2.5 pence per ordinary share will be paid on September 15.

Executive Chair Ian Johnson: "We remain confident in the prospects for the business and now anticipate paying further dividends to shareholders from your ongoing cash flow."

Current stock price: 64.10 pence, up 2.7%

12-month change: up 80%

By Will Neill, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Niox Group
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