Khyber Tobacco Company Limited announces revised book closure for bonus share issuance

Karachi, Khyber Tobacco Company Limited, a leading tobacco company in Pakistan, has announced the revision of its book closure dates for the issuance of bonus shares. The revised book closure period will now be from May 11, 2023, to May 17, 2023.

The decision to revise the book closure dates was made by the company’s Board of Directors in a recent meeting. The bonus shares will be issued to the company’s shareholders in proportion to their shareholdings.

A book closure period is a time during which a company updates its records of shareholders to determine who is eligible to receive dividends, bonuses, or other corporate actions. During this period, the transfer of shares is also restricted.

Check Also

PM Shehbaz Wishes Speedy Recovery for His Malaysian Counterpart

Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed his best wishes for the speedy and smooth recovery of Malaysian Prime Minister Anwar Ibrahim, who is undergoing medical procedures. According to Radio Pakistan, in a post on X handle, P...