Lucky Cement Limited Implements Buy-Back Scheme, Acquires 37,761 Shares at PKR 511.94 Each

Karachi, Lucky Cement Limited, a prominent player in the Pakistani cement industry, has successfully executed its buy-back scheme, purchasing a substantial number of its own shares. The company made the acquisition during the PSX trading session held on June 20, 2023. According to the disclosed information, Lucky Cement Limited acquired a total of 37,761 shares, with each share being procured at a weighted average price of PKR 511.94.

The buy-back initiative by Lucky Cement Limited falls under the purview of Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.

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