Karachi, Kohat Cement Company Limited successfully completed the buy-back of its own shares on the Pakistan Stock Exchange Limited. The buy-back was executed following the special resolutions passed during the Extraordinary General Meeting held on February 21, 2023.
Details of the buy-back are as follows:
Date of Purchase: July 31, 2023
Number of Shares Purchased (Buy-Back): 118,333
Average Price per Share (PKR): 180.30
The successful buy-back initiative reflects the company's dedication to strategic financial management and prudent allocation of resources.