karachi: The Waves Corporation Limited has released information concerning notable transactions executed by its executive directors, as per the requirements of the Pakistan Stock Exchange (PSX) regulation. The disclosure highlights a series of substantial share activities involving Executive Director Haroon Ahmad Khan and his counterpart, Hamza Ahmad Khan, over the past week.
According to documents dated July 1, 2026, Haroon Ahmad Khan engaged in multiple transactions involving the company's stock. On June 24, 2026, he sold 1,699,499 shares at a rate of 10.85 per share, bringing his cumulative holding to 89.35 million shares, representing 31.75% of total shares. Later, on June 29, 2026, Khan bought 7.90 million shares at 11.04 per share and subsequently sold the same number of shares at a slightly lower rate of 10.90 per share on the same day. This series of transactions left his shareholding unchanged at 89.35 million shares, maintaining his ownership stake at 31.75%.
Meanwhile, Hamza Ahmad Khan also participated in significant stock activities. On June 29, 2026, he acquired 2.25 million shares at a rate of 11.04 per share, increasing his cumulative shareholding to 6.49 million shares, accounting for 2.31% of the company. However, he sold the same quantity of shares at 10.90 per share later that day, reducing his holding to 4.24 million shares, which equates to 1.51% of the total shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are indicative of a dynamic trading environment within the Waves Corporation, highlighting a big move in the shareholding patterns of its executive directors. The activities reflect strategic decisions aimed at optimizing their positions within the company.