Cherat Cement Executes Share Buy-Back Worth Millions

Karachi: Cherat Cement Company Limited has initiated a significant buy-back of its shares, in accordance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company disclosed this development in a report dated October 15, 2026, detailing the share repurchase transactions conducted through the Pakistan Stock Exchange.

On October 14, 2026, Cherat Cement acquired a total of 2.49 million shares. These transactions were carried out in two tranches, with the first involving the purchase of 2 million shares at an average price of PKR 266.1361 per share. The second tranche comprised 488,656 shares, bought at an average price of PKR 266.4918 per share. The total number of shares bought back, 2,488,656, represents a strategic maneuver by the company to consolidate its stock.

According to information available from the Pakistan Stock Exchange (PSX), the buy-back reflects Cherat Cement's active engagement in managing its equity structure. The transactions are aligned with the company's efforts to optimize shareholder value and adjust its capital allocation strategy.

This move places Cherat Cement within a dynamic market category, reflecting a proactive approach to stock management amid fluctuating market conditions.