Karachi, Lucky Cement Limited, a prominent player in the cement industry, fulfilled its commitment to repurchase its own shares, following the Special Resolution passed in the Extraordinary General Meeting held on May 24, 2023. In accordance with Regulation 6(e) of Listed Companies (Buy-Back of Shares) Regulations, 2019, the company has disclosed the details of the recent purchase.
During the PSX trading session on July 7, 2023, Lucky Cement Limited successfully acquired 156,566 of its own shares. The buy-back transaction was executed at a weighted average price of PKR 555.97 per share.
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