Image Pakistan Announces Consistent Dividends; Shares Rise

Karachi, Image Pakistan Ltd. (IMAGE) declared a consistent dividend payout of 15% in bonus shares, with an additional retention rate of 75%. The company reported an EPS of Rs. 1.91 for the first quarter of 2024. Shares traded today at Rs. 13.60, with a high of Rs. 18.10 and a turnover of 30,492,000 shares, suggesting a strong market interest in the company’s stable dividend policy.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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