Karachi, Kohat Cement Company Limited has successfully completed its share buy-back, as per Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company repurchased its own shares through the Pakistan Stock Exchange Limited on August 3, 2023.

During the buy-back process, Kohat Cement acquired a total of 288.515 shares at an average price of PKR 186.81 per share. The move is part of the company's strategic efforts and financial decisions to strengthen its capital structure and enhance shareholder value.

By repurchasing its own shares, Kohat Cement aims to optimize its capital utilization and demonstrate confidence in its future growth prospects. The buy-back signifies the company's commitment to creating long-term value for its shareholders and reinforcing its position in the market.