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Karachi: AL-Abbas Sugar Mills Ltd. (AABS) has announced a 500% dividend for 2023, consistent with its track record of high distributions over the past two years. Today’s trading closed at Rs. 525.00, equal to the daily weighted average rate. With a paid-up capital of Rs. 173.62 million, the company’s stock peaked at Rs. 544 and had a low of Rs. 328.44 in the January-October 2023 period. The market lot size is 100 shares for the company, which was listed on the stock exchange in 1992. The last book closure was on 22nd September.
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