Karachi, (PPI Bot): Maple Leaf Cement Factory Limited (the "Company") has successfully executed the purchase (Buy-Back) of its own shares, following the Special Resolution passed during the Annual General Meeting held on October 19, 2023. In compliance with regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019, the Company has acquired 2,000,000 ordinary shares at a price of Rs. 38.8710 per share. This transaction took place during today's trading session on the Pakistan Stock Exchange Limited.
The Company's decision to buy back its own shares is in line with its strategic objectives and financial planning. Shareholders and TREC Holders of the Pakistan Stock Exchange Limited have been duly informed of this development, ensuring transparency and compliance with relevant regulations.