SEEDCO - Seed Co International Limited

Jun 2, 2023 at 13:50 Twitter · Facebook

SEEDCO share price on Botswana Stock Exchange

Seed Co International, one of the leading certified seed companies in Africa, was incorporated on July 7, 2000 in Botswana. It is involved in the breeding, multiplication and distribution of mainly hybrid seed varieties for maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. The company was a wholly-owned subsidiary of Seed Co Limited, a company incorporated and domiciled in Zimbabwe, until August 9, 2018 when the shareholders of Seed Co Limited approved the unbundling and separate listing of Seed Co International. Seed Co International was partially unbundled through a dividend-in-specie of its shares to Seed Co Limited shareholders. Seed Co Limited retained a 26% shareholding in Seed Co International. Seed Co International is a holding company of seed businesses in various countries falling under the “Seed Co” brand in Africa, excluding Zimbabwe.

Seed Co International Limited is listed on the Botswana Stock Exchange (BSE) since October 5th, 2018. Seed is traded on the BSE under the ticker symbol “SEEDCO”. The International Securities Identification Number (ISIN) of BSE:SEEDCO is BW0000002005. Seed Co International Limited is currently the 17th most valuable stock on the BSE with a market capitalization of BWP 1.06 billion, which makes about 0.27% of the Botswana Stock Exchange equity market.

SEEDCO Stock Market Performance

The current share price of Seed Co International Limited (SEEDCO) is BWP 2.70. SEEDCO closed its last trading day (Wednesday, May 24, 2023) at 2.70 BWP per share on the Botswana Stock Exchange (BSE).

Seed Co International is the eighth most traded stock on the Botswana Stock Exchange over the past three months (Mar 2 - Jun 2, 2023). SEEDCO has traded a total volume of 1.72 million shares—in 8 deals—valued at BWP 4.63 million over the period, with an average of 27,228 traded shares per session. A volume high of 1 million was achieved on April 26th for the same period. The table below details the last 10 trading days of activity of Seed on the Botswana Stock Exchange.

Profile of Seed Co International

Seed Co International was founded on July 7, 2000 and operates in the Consumer Goods sector.

SEEDCO Industrial Market Competitors

Seed Co International, issuers of the SEEDCO stock on the Botswana Stock Exchange, have two market competitors who are also engaged in the Consumer Goods sector. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange