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Shell Pakistan Ltd. Announces Modest Dividend Increase

Karachi, Shell (Pakistan) Ltd. (SHEL) has announced an increase in dividends to 30% and 50%, reflecting steady performance. Today’s stock closed at Rs. 151.83, marginally higher than its daily average of Rs. 152.33. The company reported a turnover of Rs. 2,140.25 million and an EPS of Rs. 124 for the period from January to March 2024.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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