Islamabad, Fauji Cement Company Limited (PSE: FCCL) declared a 12.5% bonus share distribution following a profitable first quarter, with earnings per share rising to Rs. 3.16. The company saw a significant trading volume of 293,575,222 shares.
Shares were priced at Rs. 20.36 at the close of trading, peaking at Rs. 20.9. Established in 1996, Fauji Cement maintains a hefty paid-up capital amounting to Rs. 24,528.47 million. The company is set to close its books on October 13, having maintained consistent shareholder returns.