JS Investment completes buy back of 18 million shares; CDC notifies cancellation

JS Investments Limited has completed the buy-back of 18,397,562 of its shares amounting to over Rs331 million at the price of Rs18 per share.

The company confirmed CDC’s cancellation of the shares in a circular sent to the Pakistan Stock Exchange. 

After the buy-back, the revised paid up share capital of JS Investments amounts to Rs617 million comprising of 61 million shares at the price of Rs10 per share.

Must Read

PTA rejects FBR’s demand to block 500,000 SIMs

Telecom regulator emphasises the need for a comprehensive assessment before implementation, citing potential adverse effects