Kohat Cement Finalizes Buy-Back of 12 Million Shares

Karachi: Kohat Cement Company Limited has announced the completion of its buy-back program, acquiring a total of 12 million ordinary shares. The process, regulated under the Listed Companies (Buy-Back of Shares) Regulations, 2019, concluded on April 11, 2025.

The buy-back was executed following the approval from the company's members during the Annual General Meeting held on October 15, 2024. This initiative was part of the company's strategic financial management efforts.

According to information available from the Pakistan Stock Exchange (PSX), Kohat Cement's buy-back program reflects a significant corporate action in the cement sector, categorized under the Industrial Goods market category.

The company's decision to repurchase shares is intended to optimize capital structure and enhance shareholder value. The closure of this purchase period marks a notable development in Kohat Cement's financial activities.

TRE Certificate holders have been informed about the completion of the buy-back period, aligning with regulatory compliance standards.