Lahore: Pakgen Power Limited has successfully completed its share buy-back program, purchasing a total of 179,932,988 shares through the Pakistan Stock Exchange Limited, according to the final report released on May 18, 2026. The initiative was carried out following a special resolution passed during an Extraordinary General Meeting on November 20, 2025.

The decision to buy back shares was initially made during a board of directors meeting on October 16, 2025, with the subsequent public announcement made on November 20, 2025. The purchase period spanned from November 28, 2025, to May 15, 2026, or until the completion of the buy-back, whichever came first. The shares were acquired at the spot or current share price prevailing at the time of purchase.

Throughout the buy-back period, shares were purchased on several dates, with significant buy-back activity recorded on December 12, 2025, and January 8, 2026. The largest acquisition occurred on January 8, 2026, with 17,515,000 shares bought at an average rate of Rs. 67.2749, amounting to Rs. 1,180.35 million.

According to information available from the Pakistan Stock Exchange (PSX), all transactions were executed through the automated trading system, ensuring a streamlined process. Payments for the shares accepted were made via the Real Time Gross Settlement (RTGS) system, with the total amount spent on the buy-back reaching Rs. 11,371.06 million.

The conclusion of this program saw all 179,932,988 purchased shares canceled, leaving no treasury shares with the company. The buy-back program reflects Pakgen Power Limited’s strategic move to consolidate its shareholding and optimize financial performance.