Karachi, Nazir Cotton Mills Limited has disclosed that the company's Executive Director, Mian Shahzad Aslam, has made substantial share purchases on three separate occasions recently.
1. On July 17, 2023, Mian Shahzad Aslam bought 5,500 shares at a rate of Rs. 2.70 per share.
2. On July 18, 2023, he acquired 2,000 shares at a rate of Rs. 2.60 per share.
3. On July 25, 2023, another purchase of 6,000 shares was made at a rate of Rs. 2.50 per share.
These transactions are expected to draw attention from investors and shareholders, given the prominent position of Mian Shahzad Aslam as an Executive Director within the company. The purchases indicate the executive's confidence in the company's future prospects and may signal positive developments ahead.