Synthetic Products Enterprises Limited Executes Share Buyback in Accordance with Special Resolution

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Karachi, Synthetic Products Enterprises Limited has successfully carried out a share buyback program, in compliance with the Special Resolution passed by its Members on March 24, 2023, and adhering to Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. The buyback was conducted through the Pakistan Stock Exchange Limited, and the company has shared the specific details of this purchase:

Date of Purchase: September 11, 2023

Number of Shares Purchased: 393,500

Average Price per Share (PKR): 10.95

This strategic move by Synthetic Products Enterprises Limited underscores the company’s commitment to its shareholders and its financial objectives.

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