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Company explains why bonus has not been paid
Category: Investors NewsBeat
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June 13, 2012 / Temple ASAJU / PROSHARE WEBTV NEWS
Total Plc recently held its 34th Annual General Meeting (AGM) on Wednesday and proposed N7 dividends to its shareholders. The company clarifies that the erratic state of the market has prevented it from paying out bonuses.
Total Nigeria Plc has restated that its first mission in Nigeria is to create jobs. The quoted Oil and Gas Company’s Corporate Social Responsibilities (CSRs) will be the vehicle for achieving this goal.
Total Plc has Five Hundred direct jobs in Nigeria , while indirectly the generality of employees working in all of the company’s stations in Nigeria amounts to Fifteen Thousand. With an increase in the ‘Young Dealers’ Scheme over the years, there are now Three Hundred and Fifty outlets born out of the initiative all over the federation, Total Plc chairman, Stanislas Mittelman has said.
http://www.proshareng.com/quote/TOTAL
Tags: Total Plc , Annual General Meeting , shareholders, Quoted Company, Company?s Corporate Social Responsibilities , Oil and Gas, Proshare News,
