Kohinoor Textile Mills Limited Completes Share Buyback of 96,500 Ordinary Shares at Rs. 52.26 Per Share

Karachi, Kohinoor Textile Mills Limited has successfully conducted a share buyback transaction in compliance with regulation 6(e) of the Listed Companies (Buy­ Back of Shares) Regulations, 2019. On July 27, 2023, during the trading session of the Pakistan Stock Exchange Limited, the company purchased a total of 96,500 ordinary shares at a rate of Rs. 52.26 per share.

The share buyback is a significant move by the company, indicating its confidence in its financial position and future prospects. This action reflects the company’s commitment to enhance shareholder value and reinforces its trust in the long-term growth potential.

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