Islamabad: A meeting of the Board of Directors of Pakistan Tobacco Company Limited will be held on August 07, 2024, to consider and approve the 2nd Quarter Accounts for the period that ended on June 30, 2024, and to discuss the declaration of any entitlement. This strategic session aims to address the financial outcomes and potential distributions following the close of the quarter.
According to information available from the Pakistan Stock Exchange (PSX), the Company has also announced a "Closed Period" from July 31 to August 7, 2024. During this time, as stipulated under Clause 5.6.1(d) of the PSX Regulations, no Director, CEO, or Executive is permitted to buy or sell company shares. This measure ensures that all personnel comply with regulatory standards aimed at preventing insider trading ahead of the public release of financial results.
This board meeting is critical as it follows the close of the second quarter, providing insights into the Company’s financial health and forthcoming decisions regarding shareholder entitlements.