African Stock Exchanges

MEYER - Meyer Plc

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MEYER share price on Nigerian Stock ExchangeMEYER share price on Nigerian Stock Exchange

Meyer Plc (previously DN Meyer) is a manufacturer and marketer of paints. The company was incorporated on 20th May, 1960 and subsequently converted to a public company in 1979. Meyer Plc is an offshoot of the former Hagemeyer Nigeria Limited, the manufacturer of Sigma Paints and Cosmetics. In 1994, Hagemeyer was bought over by Dunlop Nigeria Plc, which led to the change of both the corporate and brand names to Meyer Plc and Meyer Paints respectively. However, in July 2003, Dunlop Nigeria divested its controlling shares from DN Meyer Plc to ACIMS Limited and Meyer Plc ceased to be a subsidiary of Dunlop Nigeria. About this same period, Meyer Plc acquired the flooring adhesives business of Dunlop, extending the scope of its operation from the production and marketing of only paints to the production and marketing of floor tiles and adhesives.

MEYER0.46 ▪ 0.00
3 days ago
Last Trading ResultsGrowth & Valuation
Opening Price:0.46Earnings Per Share:--
Day's Low Price:--Price/Earning Ratio:--
Day's High Price:--Dividend Per Share:--
Traded Volume:3,000Dividend Yield:--
Number of Deals:1Shares Outstanding:531.24m
Value/Turnover:1,260.00Market Capitalization:244.37m
Monetary values are quoted in Naira (NGN) unless otherwise stated

MEYER Stock Market Performance


The stock of Meyer Plc (MEYER) is currently trading at 0.46 NGN per share on the Nigerian Stock Exchange. MEYER began the year with a share price of 0.54 NGN but has since lost 14.81% off that price valuation, ranking it 157th on the NSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of Meyer Plc on the Nigerian Stock Exchange.


Profile of Meyer Plc

Meyer Plc operates in the Industrials sector. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

Factsheet of Meyer Plc
Plot 34, Oregun Indus Estate, Alausa-Ikeja, Lagos PMB 21002, Nigeria

MEYER Industrial Market Competitors

Meyer Plc, issuers of the MEYER stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.

CodeNameMkt. Cap.L. PriceYearTD
BETAGLASBeta Glass Company35.00b70.00+30.1%
DANGCEMDangote Cement3.07t179.90+26.7%
UACNUAC of Nigeria (UACN) Plc30.40b10.55+22.7%
CAPCAP Plc19.25b27.50+14.6%
WAPCOLafarge Wapco281.89b17.50+14.4%
TRANSCORPTransnational Corp. of Nigeria43.49b1.07+8.08%
JBERGERJulius Berger Nigeria Plc28.38b21.50+8.04%
CUTIXCutix Plc2.50b1.42+6.77%
NOTORENotore Chemical Industries Plc100.75b62.50+0.00%
UAC-PROPUACN Property Dev't Company2.60b1.00+0.00%

Index of African Stock Exchanges:

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

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