Philip Morris Pakistan set to de-list after buyback
MG News | September 30, 2025 at 11:25 AM GMT+05:00
September 30, 2025 (MLN): Following a strategic
share buyback that has concentrated ownership in the hands of its parent
companies, Philip Morris (Pakistan) Limited has formally notified the Pakistan
Stock Exchange (PSX) of its decision to voluntarily de-listing.
In an official communication to the Chief Listing Officer of
PSX, the tobacco giant disclosed that its sponsors, Philip Morris Investments
B.V. and Philip Morris Brands SARL, now control 98% of the company's shares
following completion of the initial buyback program.
Minority shareholders retain just 2% of the equity.
The company provided detailed shareholding breakdowns across
three critical phases: pre-buyback, during the buyback period, and
post-buyback.
This illustrates the systematic consolidation of ownership that preceded the de-listing announcement.
|
Pre-Initial
Buyback Period |
During
Initial Buyback Period |
Post-Initial
Buyback Period |
||||||
|
Particulars |
No. of
Shares |
% of
shares |
Particulars |
No. of
Shares |
% of
shares |
Particulars |
No. of
Shares |
% of
shares |
|
Sponsors
i.e. Philip Morris Investments B.V. and Philip Morris Brands SARL |
60,135,410 |
97.65 |
Shares
purchased by Philip Morris Investments B.V. i.e. one of the sponsors. |
213,049 |
0.35 |
Sponsors
i.e. Philip Morris Investments B.V. and Philip Morris Brands SARL |
60,348,459 |
98 |
|
Minority
Shareholders |
1,444,931 |
2.35 |
|
|
|
Minority
Shareholders |
1,231,882 |
2 |
Related News
_20251223102454789_a58e54.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 179,846.68 370.24M | -0.81% -1463.60 |
| ALLSHR | 108,777.96 842.70M | -0.57% -624.36 |
| KSE30 | 53,571.08 118.45M | -0.81% -434.78 |
| KMI30 | 253,007.72 126.35M | -1.06% -2717.47 |
| KMIALLSHR | 69,727.55 549.62M | -0.70% -488.73 |
| BKTi | 52,178.22 35.92M | -0.12% -62.01 |
| OGTi | 35,518.90 13.54M | -0.77% -274.36 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,800.00 | 63,810.00 63,760.00 | 200.00 0.31% |
| BRENT CRUDE | 89.35 | 90.03 86.60 | 1.63 1.86% |
| RICHARDS BAY COAL MONTHLY | 105.50 | 0.00 0.00 | -4.00 -3.65% |
| ROTTERDAM COAL MONTHLY | 122.00 | 122.00 122.00 | 0.75 0.62% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 83.23 | 84.61 81.27 | 1.10 1.34% |
| SUGAR #11 WORLD | 16.74 | 16.75 16.33 | 0.27 1.64% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan External Debt and Liabilities
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|