Question 1

What Is MEYER Stock Price Today?

Accepted Answer

Meyer Plc. (MEYER) is trading at ₦17.5 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Meyer Plc. Do?

Accepted Answer

MEYER PLC originates from Hagemeyer Nigeria PLC, a company founded in the early 1940s that initially produced Sigma paints and cosmetics. It was officially incorporated on May 20, 1960, and later transitioned into a public company in 1979, becoming listed on the Nigerian Stock Exchange in the same year. The company underwent a significant change in 1994 when Dunlop Nigeria PLC acquired it, leading to its rebranding as DN Meyer PLC. However, Dunlop Nigeria PLC divested its controlling shares in July 2003, and the company eventually changed its name to Meyer PLC in August 2016. During its evolution, Meyer PLC also expanded its scope beyond paints by acquiring Dunlop PLC's flooring adhesives business, thereby encompassing the production and marketing of adhesives, in addition to its paint offerings.

Question 3

How Do I Buy MEYER Stock in Nigeria?

Accepted Answer

MEYER trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 4

What Sector Does MEYER Belong To?

Accepted Answer

Meyer Plc. is listed under the INDUSTRIAL GOODS sector, specifically in the Building Materials sub-sector.

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