Karachi, (PPI Bot): Thatta Cement Company Limited has successfully completed the purchase of its own shares, following the special resolution passed in the Annual General Meeting on October 26, 2023. This buy-back aligns with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations 2019.
On November 20, 2023, during the Pakistan Stock Exchange trading session, Thatta Cement Company Limited acquired a total of 3,500,000 shares. The weighted average price per share for this transaction was PKR 16.76.
This share buy-back represents a significant move by Thatta Cement Company Limited, reflecting its compliance with regulatory requirements and its resolutions made in the Annual General Meeting.