Lucky Cement Completes Buy-Back of Own Shares Following Extraordinary General Meeting Resolution

Karachi, Lucky Cement Limited successfully concludes the buy-back of its own shares as sanctioned by the Special Resolution ratified during the Extraordinary General Meeting on May 24, 2023. The company acquired a total of 831,080 shares in a recent trading session on August 23, 2023, at a weighted average price of PKR 599.81 per share. This move demonstrates the company’s commitment to optimizing shareholder value and capitalizing on favorable market conditions while adhering to regulatory stipulations outlined in the Listed Companies (Buy-Back of Shares) Regulations, 2019.

The post Lucky Cement Completes Buy-Back of Own Shares Following Extraordinary General Meeting Resolution appeared first on Pakistan Company News.

Check Also

President, Interior Minister Discuss Law and Order Situation

Islamabad: Interior Minister Mohsin Naqvi called on President Asif Ali Zardari in Karachi to hold a detailed discussion on the overall law and order situation in the country, with particular emphasis on the security challenges in Khyber Pakhtunkhwa a...