Lahore: Waves Home Appliances Limited recently disclosed significant trading activities involving its shares, conducted by Waves Corporation Limited, a substantial shareholder. This disclosure, dated June 4, 2026, adheres to the Pakistan Stock Exchange (PSX) Regulation 5.6.4.
On May 29, 2026, Waves Corporation Limited executed a series of transactions in the market category NDM. The substantial shareholder completed a purchase of 16.99 million shares at a rate of 8.25 each. This acquisition increased their cumulative holdings to 146.17 million shares, representing a cumulative percentage of 5456% in the company.
On the same day, Waves Corporation Limited also sold 17.20 million shares at a rate of 8.15, adjusting their cumulative shareholding to 128.97 million shares, with a cumulative percentage of 48.14%. The sale amount indicated a very large or significant move in their shareholding.
Subsequently, on June 1, 2026, Waves Corporation Limited purchased an additional 200,500 shares at the same rate of 8.25. This transaction slightly increased their cumulative holdings to 129.18 million shares, with a cumulative percentage of 48.22%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect the active involvement of Waves Corporation Limited in managing its shareholding in Waves Home Appliances Limited. The changes in shareholding highlight the dynamic nature of trading activities by significant stakeholders within the company.