Karachi: Jubilee Life Insurance Company Limited has issued a clarification regarding the book closure dates for its recently announced interim cash dividend and bonus shares. The company, in its communication through PUCARS on August 18, 2026, detailed the specifics of the entitlements, which are set to impact shareholders in the upcoming weeks.

The initial announcement had set the book closure period from August 27, 2026, to August 31, 2026, which pertains exclusively to the interim cash dividend entitlement. However, the company clarified that the book closure date for bonus share entitlement was inadvertently not included in the original communication. On August 19, 2026, Jubilee Life Insurance provided an update to rectify this oversight.

According to information available from the Pakistan Stock Exchange (PSX), the entitlement to bonus shares is determined through a single-day book closure as per the Companies (Further Issue of Shares) Regulations, 2020, amended effective October 1, 2025. Therefore, the Share Transfer Books of the Company will be closed on August 28, 2026, for determining entitlement to the approved dividend, which consists of a cash dividend of Rs. 3 per share, equating to 30%, and bonus shares at 50%, or one share for every two shares held.

This move reflects Jubilee Life Insurance's adherence to regulatory requirements and its commitment to maintaining transparency with its shareholders. The designated market category for this announcement falls under the insurance sector.