Better Glass Plc stands tall in the NGX gainers chart for the week ended Friday, May 16, 2025 both in percentage and value. The equity opened trading at NGN160.65 and closed its last trading day at NGN235.05 per share pulling a whooping NGN74.40 representing a 46.31% gain in its price.
The stock traded a total volume of 4.414 million shares valued at NGN910.844 million during the week trading on the floor of NGX.
Beta Glass Company is currently the 42nd most valuable stock on the NGX with a market capitalization of NGN141 billion, which makes about 0.205% of the Nigerian Stock Exchange equity market.
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Beta Glass began the year with a share price of 64.90 NGN and has since gained 262% on that price valuation, ranking it first on the NGX in terms of year-to-date performance. It is currently the 99th most traded stock on the Nigerian Stock Exchange over the past three months having traded a total volume of 11.4 million shares—in 2,467 deals—valued at NGN 1.67 billion over the period, with an average of 180,358 traded shares per session. The stock has accrued an outstanding 135% over the past four-week period alone becoming best on NGX.
Its dividend payout has increased consistently since 2021 when it paid 1.04 as dividend. That increased to 1.10 and 1.17 in 2022 and 2023 respectively. 2024 dividend stood at 1.40
Beta Glass is a manufacturer of glass bottles servicing major conglomerates majorly beverage companies and pharmaceutical companies. It is majority-owned by Frigoglass Industries Nigeria Limited, a subsidiary of Frigoglass Group and Frigoinvest Nigeria Holdings BV, a Netherlands-based subsidiary of Frigoglass Group. They hold 61.9% and8.2% of its ordinary shares respectively.
