Karachi: Pakistan Stock Exchange (PSX) has announced the voluntary delisting of Philip Morris (Pakistan) Limited, effective Monday, October 6, 2025. The move follows the acceptance of the company’s request under the powers granted by PSX Regulation No.5.14 and Section 19(5) of the Securities Act 2015.
The company’s shareholders are being given the opportunity to sell their shares back to the sponsors. Topline Securities Limited has been designated as the purchase agent to facilitate this buyback process. Shareholders interested in this offer should approach Topline Securities Limited, which will execute the buyback at a rate of PKR 1,300 per share. This offer is available until September 29, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the initial buyback period commenced on August 1, 2025, and concluded on September 29, 2025. The company successfully completed all voluntary delisting requirements by September 30, 2025, paving the way for its removal from the exchange.
The designated market category for this transaction emphasizes the procedural adherence to delisting norms and underscores the structured approach taken by Philip Morris (Pakistan) Limited to manage shareholder interests during this transition.