Kohat Cement Company Limited Executes Buy-Back Plan, Acquires 425,932 Shares at an Average Price of PKR 165.46

Karachi, In compliance with the Special Resolutions passed during its Extraordinary General Meeting on February 21, 2023, Kohat Cement Company Limited has successfully completed the purchase of its own shares. The transaction took place through the Pakistan Stock Exchange Limited, with a total of 425,932 shares being acquired at an average price of PKR 165.46 per share.

The buy-back initiative by Kohat Cement Company Limited aligns with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. This move demonstrates the company’s confidence in its financial position and long-term prospects, as well as its commitment to enhancing shareholder value.

The post Kohat Cement Company Limited Executes Buy-Back Plan, Acquires 425,932 Shares at an Average Price of PKR 165.46 appeared first on Pakistan Company News.