Lahore: Lalpir Power Limited has executed a substantial buy-back of its own shares through a tender offer, following a special resolution passed during an extraordinary general meeting on November 20, 2025. The details of this financial maneuver were finalized on December 17, 2025, according to the final report released by the company.
The board of directors had originally decided on the buy-back in a meeting held on October 16, 2025. The purchase was conducted through the automated trading system of the Pakistan Stock Exchange Limited, and the entire process is set to run from November 28, 2025, to May 15, 2026, or until the completion of the purchase, whichever comes first. The shares were bought at the spot share price prevailing at the time of purchase.
The acquisition involved a total of 100 million shares, with the transactions occurring across three dates in December 2025. Specifically, on December 4, 2025, the company purchased 95.38 million shares at an average rate of Rs. 24.6933, amounting to Rs. 2.36 billion. On December 5, 2025, an additional 2.76 million shares were acquired at an average rate of Rs. 24.2971 for Rs. 67.26 million. The final purchase was made on December 8, 2025, with 1.86 million shares bought at an average rate of Rs. 24.0011, totaling Rs. 44.76 million. The cumulative expenditure for the buy-back reached Rs. 2.47 billion.
The payment for these shares was executed through the Real-Time Gross Settlement (RTGS) system, with Rs. 2.36 billion paid on December 8, 2025, Rs. 67.26 million on December 9, 2025, and Rs. 44.76 million on December 10, 2025. All 100 million purchased shares were subsequently canceled, resulting in no increase in the company’s treasury shares.
According to information available from the Pakistan Stock Exchange (PSX), Lalpir Power Limited's strategic move signifies a significant focus on shareholder value and operational efficiency. This buy-back is a part of the company's ongoing efforts to optimize its capital structure. The designated market category for this transaction is identified as a significant move.