Karachi: Kohat Cement Company Limited has initiated a buy-back of its shares, acquiring a substantial number on the Pakistan Stock Exchange. According to the details disclosed, the company purchased 5,679,691 shares at an average price of 393.55 per share on April 11, 2025. This transaction is in compliance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.

The buy-back was executed through the Pakistan Stock Exchange, a key platform for such transactions. The move marks a significant step for Kohat Cement in its market strategy, impacting the shares within the designated market category.

According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects Kohat Cement's ongoing efforts to manage its share capital effectively. The buy-back aligns with the company's broader financial strategies and objectives.

The communication regarding this transaction was directed to the TRE Certificates holders of the Exchange, ensuring transparency and adherence to regulatory requirements. The purchase stands as a notable development in the company's stock market activities.