Karachi: The Pakistan National Shipping Corporation (PNSC) has successfully dispatched bonus shares to its shareholders following a 50% bonus issue approved for the year ending June 30, 2024. The distribution was confirmed during the corporation’s Annual General Meeting held on October 28, 2024.

According to the details provided, the bonus shares have been electronically credited to the Central Depository Company (CDC) accounts of shareholders who hold their shares in electronic form. This process was completed on November 26, 2024. Additionally, physical bonus shares are currently being dispatched to shareholders who maintain their shares in physical form.

According to information available from the Pakistan Stock Exchange (PSX), the dispatch of these bonus shares is part of the corporation’s strategy to reward its shareholders, aligning with the corporation’s financial outcomes for the stated period.