Karachi: Philip Morris (Pakistan) Limited has announced its voluntary delisting from the Pakistan Stock Exchange, marking a significant transition for the company. The initial buy-back period, during which Philip Morris Investments B.V. (PMIBV), a major shareholder, was purchasing shares, concluded on September 29, 2025.

The company has now opened the floor for the remaining minority shareholders, with the exception of Philip Morris Brands SARL, to sell their shares. These shareholders are encouraged to contact the Purchase Agent, Topline Securities Limited, located at the 8th Floor, Horizon Tower, Clifton, Karachi. The contact number for this purpose is 021-35303330.

According to information available from the Pakistan Stock Exchange (PSX), the undertaking for the purchase of the remaining shares by PMIBV and the Purchase Agent has been submitted. The shares are to be bought at a price of PKR 1,300 per share, a rate that has been approved by the Exchange. This purchase period is valid until September 29, 2026.

The designated market category remains unchanged as Philip Morris (Pakistan) Limited prepares for the transition from the public market.