Karachi: Lucky Cement Limited has reported a series of transactions executed by its associated company, YB Pakistan Limited, which resulted in a moderate move in the company's share price. The transactions were disclosed in a formal notification submitted to the Pakistan Stock Exchange.
On July 2, 2025, YB Pakistan Limited sold 154,328 shares of Lucky Cement Limited at a rate of 349.06 per share. The shares were transferred in electronic form through the Central Depository Company (CDC) in the regular market. Following this transaction, the cumulative number of shares held by YB Pakistan Limited decreased to 38.06 million, representing a cumulative percentage of 2.60.
The following day, on July 3, 2025, YB Pakistan Limited continued its divestment by selling an additional 345,672 shares at a rate of 350.55 per share under similar conditions. This transaction further reduced their cumulative shareholding to 37.72 million shares, equating to a 2.57 cumulative percentage.
According to information available from the Pakistan Stock Exchange (PSX), these transactions will be discussed in the forthcoming board meeting of Lucky Cement Limited. The designated market category for these transactions was the regular market, reflecting YB Pakistan Limited's strategy to adjust its investment portfolio in the cement sector.
The disclosure of these transactions is in accordance with regulatory requirements, ensuring transparency in the dealings of associated companies within the stock exchange framework.