Lucky Cement Limited Executes Buy-Back of Own Shares in Compliance with Special Resolution

Karachi, Lucky Cement Limited has successfully completed the purchase of its own shares, as authorized by a Special Resolution passed during the Extraordinary General Meeting held on May 24, 2023. This move highlights the company’s commitment to optimizing its capital structure and enhancing shareholder value.

In accordance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019, Lucky Cement Limited has diligently executed the buy-back process. On July 10, 2023, during the PSX trading session, the company purchased a total of 27,050 shares at a weighted average price of PKR 556.18 per share.

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