Karachi: Waves Corporation Limited has disclosed a series of transactions involving its top executives and directors, according to a report dated August 6, 2026. These transactions, executed under PSX Regulation 5.6.4, involve the buying and selling of the company's shares by key personnel and their immediate family, reflecting strategic financial decisions within the organization.
Haroon Ahmad Khan, an Executive Director of the company, engaged in significant transactions. On July 30, 2026, he executed a buy transaction through the Central Depository Company (CDC) in the Negotiated Deal Market (NDM), acquiring 8.47 million shares. Following this, he sold an equivalent number of shares in the Ready Market, resulting in a cumulative percentage of 31.75%. According to information available from the Pakistan Stock Exchange (PSX), these actions reflect a strategic rebalancing of his shareholding.
Nighat Haroon Khan, serving as a Non-Executive Director, also participated in the market on the same day. She purchased 250,000 shares in the NDM, and subsequently, the same number of shares were sold in the Ready Market. Her cumulative shareholding percentage was adjusted to 7.03%, indicating a minor move in her stock portfolio.
Hamza Ahmad Khan, another Executive Director, mirrored a similar pattern. He bought 2.20 million shares via the NDM and sold the same quantity in the Ready Market. His actions resulted in a cumulative percentage of 1.51%, classified as a moderate move in his shareholding strategy.
These transactions highlight the dynamic nature of shareholding among Waves Corporation Limited's executives, reflecting ongoing financial strategies and market positioning within the designated market category.