Karachi, Lucky Cement Limited has successfully executed the buy-back of its own shares, in line with the Special Resolution sanctioned during the Extraordinary General Meeting held on May 24, 2023. Complying with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019, the company has acquired a specified number of shares during the recent PSX trading session.
On August 8, 2023, Lucky Cement Limited purchased 29,237 of its own shares, each at a weighted average price of PKR 602.00. This strategic move aligns with the company's commitment to optimizing its financial structure and enhancing shareholder value.