NCL · Nishat Chunian Limited
Nishat Chunian Limited Notice of Extraordinary General Meeting for Share Buy-Back
Official PSX filing title: Notice of Extraordinary General Meeting
- Filed
- 28 October 2026 at 2:42 pm
- Category
- Meetings
- Sentiment
- Good
- Impact
- High
Executive summary
Nishat (Chunian) Limited has issued a notice for an Extraordinary General Meeting (EOGM) scheduled for November 20, 2026, to consider a special resolution for the purchase and buy-back of up to 50,424,996 ordinary shares (representing 21% of the total issued and paid-up capital) through the Pakistan Stock Exchange. The buy-back is aimed at improving earnings per share and providing an exit opportunity for shareholders, funded from the company's distributable profits.
Key takeaways
- EOGM called for November 20, 2026
- Proposal to buy back up to 50,424,996 shares (21% of issued capital)
- Funded out of distributable profits, aiming to improve EPS
- #buyback
- #eogm
- #shares
- #capital
Please cross-check with the official PSX filing before making an investment decision.