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Karachi, Synthetic Products Enterprises Limited, a prominent company listed on the Pakistan Stock Exchange, successfully completed the buy-back of its own shares on May 25, 2023. The company’s decision to repurchase shares is part of its ongoing strategy to enhance shareholder value and optimize capital structure.
Synthetic Products Enterprises Limited executed the buy-back program in accordance with the guidelines set by the Pakistan Stock Exchange Limited. The purchase involved acquiring a total of 51,500 shares at an average price of PKR 10.54 per share.