Askari General Insurance Announces 29% Distribution; Stock Sees Activity

Islamabad, Askari General Insurance Co. (AGIC) announced a distribution of 29% for its shareholders, with a closing rate of Rs. 20.58 per share. The company, listed in 1996, reported a daily weighted average rate of Rs. 719.02 and an earnings per share (EPS) of Rs. 4.82 for the period January February 2024. The stock reached a high of Rs. 21 and a low of Rs. 18.25 with a turnover of 101,000 shares. The paidup capital stands at Rs. 500 million, and the previous book closure year of listing recorded significant activity.